Martin Randolph Sparks, who serves as Executive Vice President, General Counsel and Secretary at NBT Bancorp Inc (NASDAQ:NBTB), disclosed a sale of 2,400 shares of the bank's common stock on March 13, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were disposed of at $41.30 per share, producing a total transaction value of $99,120.
The filing arrives while NBT Bancorp shares are trading near $41.20 and the company carries a market capitalization of $2.15 billion. An analysis cited from InvestingPro indicates the stock appears undervalued relative to its Fair Value estimates. Investors may also note the company offers a dividend yield of 3.57% and, as reported, has increased its dividend for 13 consecutive years.
Following the March 13 sale, Sparks is reported to directly own 11,349.882 shares of NBT Bancorp. The Form 4 notification provides the formal record of the transaction and the change in beneficial ownership for corporate disclosure purposes.
In related corporate news, NBT Bancorp posted fourth-quarter 2025 results that topped analyst expectations. The company reported diluted earnings per share of $1.06 versus the forecasted $0.98. Revenue for the quarter reached $185 million, slightly above the anticipated $184.24 million. Those figures are highlighted as indicators of the company performing above market expectations.
Despite the quarterly earnings and revenue beat, the stock experienced a small decline in after-hours trading. Analysts and investors continue to monitor NBT Bancorp's operating performance and market reaction to its results as part of broader assessments of the bank's financial health.
Summary of key disclosures and context:
- Insider sale: 2,400 shares sold on March 13, 2026, at $41.30 per share, totaling $99,120.
- Post-transaction ownership: Sparks holds 11,349.882 shares.
- Company trading metrics: share price near $41.20, market cap $2.15 billion, dividend yield 3.57% and 13 consecutive years of increases.
- Recent results: Q4 2025 diluted EPS $1.06 versus $0.98 expected; revenue $185 million versus $184.24 million expected.
The information above draws on the Form 4 filing and the company’s reported quarterly results. For investors seeking broader analytical materials, InvestingPro is cited as offering a Pro Research Report covering NBT Bancorp as well as many other U.S. equities.