Director Richard B. Rowley filed a Form 4 with the SEC on October 30, 2026, reporting the acquisition of 52 phantom stock units in Orange County Bancorp, Inc. /DE/ (NASDAQ:OBT) on October 28, 2026.

Key Highlights

  • Reporting person: Richard B. Rowley, identified as a Director of Orange County Bancorp, Inc. /DE/
  • Transaction: Acquisition (Code A) of 52 phantom stock units on October 28, 2026, at a price of $38.10 per unit
  • Phantom stock total following transaction: 27,478 phantom stock units held directly
  • Common stock beneficial ownership: 537,134 shares following the reported transaction, held directly
  • Phantom stock nature: Each phantom stock unit is described as the economic equivalent of one share of common stock, payable upon the reporting person's separation from service as a director
  • Common stock footnotes: Holdings include restricted stock units vesting 100% as of the grant date and others vesting 100% on February 19, 2027, both settled in shares upon separation from service

Rowley's October 2026 Phantom Stock Acquisition at Orange County Bancorp

According to the filing, Richard B. Rowley, a director of Orange County Bancorp, Inc. /DE/ (NASDAQ:OBT), reported an acquisition of 52 phantom stock units on October 28, 2026, at a price of $38.10 per unit. The filing notes that each share of phantom stock "is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as a director." Following the transaction, Rowley's total phantom stock holdings stood at 27,478 units, held directly.

In Table I, the filing reports that Rowley's direct beneficial ownership of common stock totaled 537,134 shares following the reported transaction. The filing's footnotes indicate that this figure includes restricted stock units that vest 100% as of the date of grant and are settled in shares of issuer common stock upon separation from service, as well as restricted stock units that vest 100% on February 19, 2027, and are likewise settled in common stock upon separation from service. No transaction code or price is listed for the common stock row, as the table reflects a holdings disclosure rather than a new transaction in common shares.

The Form 4 was filed on October 30, 2026, and signed by Jennifer Staub pursuant to a power of attorney on behalf of Rowley. The filing was made by one reporting person and is not identified as an amendment.

What Was Disclosed

The Form 4 disclosed Director Richard B. Rowley's acquisition of 52 phantom stock units in Orange County Bancorp, Inc. /DE/ (NASDAQ:OBT) on October 28, 2026, at $38.10 per unit, bringing his total phantom stock holdings to 27,478 units, alongside 537,134 shares of common stock beneficially owned.