Hyle Shaunastar, EVP of Consumer Lending, has demonstrated a consistent pattern of selling shares in NBT Bancorp Inc. (NBTB) over multiple years, with no recorded purchases in the available data. According to SEC Form 4 filings, Shaunastar executed 23 transactions exclusively involving NBTB, all of which were sales totaling $239,363.03. The transactions, coded as "F" for discretionary sales, occurred primarily in mid-January and late March each year, suggesting a structured approach to divesting holdings. Notably, the largest single sale took place on January 15, 2025, valued at $50,620.06, while the most recent transactions on March 23, 2026, included sales of $25,697.88 and $8,020.09.
The filings reveal a recurring annual pattern, with Shaunastar consistently liquidating NBTB shares in January, often in multiple tranches ranging from $5,881.52 to $35,249.38 per transaction. The absence of any buy transactions—including those coded "A" for acquisitions—indicates a one-way disposition of equity. While the sales could represent routine portfolio management, the regularity and timing suggest adherence to a predetermined plan. The transactions are concentrated solely in NBTB, reflecting Shaunastar’s exclusive insider activity within this single financial institution over the observed period. No recent trades have been reported beyond March 2026.
AI-assisted summary