January 31, 2025 · Form 4 insider transaction
WATT JOHN H JR bought 7,723 shares of NBT Bank at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Pursuant to NBT Bancorp Inc. Omnibus Performance Unit Agreement, each member of a select group of Management is entitled to receive an award based on Company performance goals in the form of restricted stock units that vest following the end of a three year performance period. Mr. Watt retired and pursuant to the award agreement received a pro-rata portion of the performance award at target achievement.