Executive Sells 9,000 Shares of Regional Bank, Valued at $486,400
Key Points
The open-market sale of 9,000 shares generated proceeds of ~$486,400 based on the July 29, 2026 transaction date.
The disposition reduced Halliday's total equity holdings by 26%.
Current ownership consists of 22,054 shares held directly and 3,637 shares held indirectly through a 401k plan.
The transaction occurred after the stock delivered a 26% one-year return as of the transaction date.
Sarah A. Halliday, EVP of NBT Bancorp Inc. (NASDAQ:NBTB), sold 9,000 shares of common stock on July 29, 2026. SEC Form 4 filing
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $486,360 |
| Shares sold (direct) | 9,000 |
| Post-transaction shares (total) | 25,691 |
| Post-transaction shares (directly held) | 22,054 |
| Post-transaction shares (indirectly held) | 3,637 |
| Post-transaction value | $1.4 million |
Transaction value based on SEC Form 4 weighted average sale price ($54.04); post-transaction value based on July 29, 2026, market close ($54.26).
Key questions
- How did the execution price compare to the market close?
The 9,000 shares were sold at a weighted average price of $54.04, while the stock finished the July 29, 2026, session at $54.26 per share. - What is the composition of the executive's remaining position?
Sarah A. Halliday retains a total beneficial interest of 25,691 shares, including 22,054 direct common shares and 3,637 shares held indirectly through a 401 (k), and also holds 5,317 direct derivative securities. - What is the company snapshot for NBT Bancorp?
NBT Bancorp is a Norwich-based regional bank with a market capitalization of $2.8 billion as of the July 29, 2026, market close. The company reported trailing twelve-month revenue of $890.4 million and net income of $214.2 million. - Does the executive hold other forms of equity?
Beyond the common stock reported in the primary holdings, Halliday is deemed invested in phantom stock through the company's Deferred Compensation Plan, which tracks the performance of common stock.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-07-29) | $54.26 |
| Market Capitalization | $2.8 billion |
| Revenue (TTM) | $890.4 million |
| Net Income (TTM) | $214.2 million |
Company Snapshot
- NBT Bancorp Inc. provides comprehensive personal and commercial banking services, including demand deposits, savings accounts, interest-bearing checking accounts, money market deposits, certificates of deposit, consumer loans, home equity products, residential mortgages, and business banking solutions, all within its Banking segment.
- The company generates revenue through net interest income from its lending and deposit operations, fee-based services, including retirement plan administration, and wealth management offerings, operating as a diversified financial holding company with multiple revenue streams.
- NBT Bancorp serves retail customers, small- to medium-sized businesses, and commercial clients throughout the United States, targeting both individual depositors seeking banking services and businesses requiring comprehensive financial solutions.
NBT Bancorp Inc. operates as a regional financial holding company with approximately $2.8 billion in market capitalization and $890.4 million in TTM revenue, serving a diverse customer base across personal, commercial, and wealth management segments. The company's diversified business model, spanning traditional banking operations, retirement plan administration, and wealth management services, positions it competitively within the regional banking sector. With 2,303 employees and a presence across multiple geographic markets, NBT Bancorp leverages its scale and operational infrastructure to deliver integrated financial solutions to retail and commercial customers.
What this transaction means for investors
Sarah A. Halliday, an executive at NBT Bancorp (NBTB), recently sold 9,000 shares of company stock, according to a recent SEC filing. Here are some key takeaways for investors.
First, investors should never read too much into an insider stock sale. Insiders sell for a multitude of reasons, spanning from tax purposes to estate planning. It is far better to analyze a company based on its fundamentals rather than on whether insiders are selling.
As for NBT Bancorp itself, the company’s stock has delivered a total return of 75% over the past five years, resulting in a compound annual growth rate (CAGR) of 11.8%. That compares fairly well to the S&P 500, which has generated a total return of 86%, with a CAGR of 13.3%.
NBTB, which is a classic regional bank, recently delivered a solid quarterly report. Net interest income (NII), a key measure for regional banks, increased 10.3% year over year, rising to 3.73%. NII is important because it represents the spread between interest paid and interest received. In turn, it drives both revenue and profitability, accounting for around 70% of the company’s total revenue.
In summary, investors seeking exposure to the regional bank sector may want to explore NBTB further. The stock is best suited to those seeking exposure to a small to mid-cap financial stock with economic exposure to the Northeast.
Jake Lerch has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.