NBTB NBT BANCORP INC

NEUTRAL Impact: 3/10 Insider Cluster (4 insiders)
Horizon immediate Filed Jun 12, 2026 Processed 6d 13h ago
Insider cluster: 4 insiders, $1.4M total
Latest settled — T+1d
NBTB ▼ -1.60% at T+1d
NEUTRAL call ✗ call lost -1.60% · α vs SPY -3.36% · entry $48.18 → $47.41
Next anchor: T+5d in 3d
Last close $46.35 (close Jun 17) · -3.80% from $48.18 entry
Entry anchored
Jun 12, 02:22 PM ET
via Databento tick
T+1d
-1.60%
call -1.60% · α -3.36%
$47.41
settled 4d ago
T+5d
call — · α —
in 3d
T+20d
call — · α —
in 24d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Four NBTB insiders sold a combined $1.39M in open-market transactions over an 8-day window, led by Director John Watt ($996K). The total represents just 0.06% of NBTB's $2.5B market cap, indicating routine portfolio diversification rather than a bearish signal. The sales involve both directors and senior executives and lack a concentrated or urgent pattern.

Key Financial Metrics

Direction
selling
Total Value
$1.4M
Insiders
4

Actionable Insight

The insider sales are too small relative to market cap to carry a bearish signal — likely routine diversification. Monitor next quarterly filings for any change in insider selling patterns or business developments. The stock enjoys 62% bullish analyst consensus with a majority of buy ratings, suggesting no near-term concern.

Key Facts

  • Four insiders sold a total of $1,387,274 in open-market transactions
  • Director John H. Watt Jr. accounted for $995,751 of the total (21,000 shares at ~$47.42)
  • EVP/President of Wealth Mgmt Ruth Mahoney sold $233,000 (5,000 shares at $46.60)
  • Director Heidi M. Hoeller sold $100,874 (2,100 shares at ~$48.04)
  • EVP/General Counsel Martin Randolph Sparks sold $57,650 (1,200 shares at ~$48.04)
  • Total sales equal ~0.06% of NBTB's $2.5B market cap
  • No open-market purchases occurred in the cluster window

Financial Impact

Trivial insider selling at approximately 0.06% of market cap — no material financial impact

Risk Factors

  • Further insider selling could accumulate and become material over time
  • Selling by multiple top insiders might indicate private concerns not yet disclosed

Market Snapshot

Exchange
Nasdaq
Sector
National Commercial Banks
Analyst Consensus
62% bullish (13 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NBTB-1781288723954
5 reports for NBTB
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NBTB — sortable, filterable
Type Now
Jun 12, 2026
6d ago
Insider Cluster
NEUTRAL ★ 3/10
$48.18 $47.41▼ −1.60%▼ −3.36%$46.35 (−3.80%)
Jun 10, 2026
8d ago
Insider Cluster
NEUTRAL ★ 2/10
$47.47 $47.67▲ +0.42%▼ −1.28%$46.35 (−2.36%)
Apr 23, 2026
8w ago
8-K
BEARISH ★ 6/10
$43.25 $44.00▼ −1.73%▼ −1.57%$46.35 (−7.17%)
Apr 23, 2026
8w ago
Press Release
BEARISH ★ 6/10
$43.25 $44.00▼ −1.73%▼ −1.57%$46.35 (−7.17%)
Apr 6, 2026
10w ago
DEFA14A
NEUTRAL ★ 3/10
$43.69 $43.99▲ +0.69%▲ +0.62%$46.35 (+6.09%)
Showing 5 of 5

US Market Status

Market Closed — Juneteenth — Opens Mon (77h 20m)

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