NBTB NBT BANCORP INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q3 2025: $0M, Q2 2025: $0M, Q1 2025: $0M, Q3 2024: $2M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $1M (-100%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Missing buyback or cash flow data

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 2,702,140 shares = 5.2% of 52,315,193 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

5 open-market purchases by 2 insiders

• DELANEY TIMOTHY E () bought 22,730 shares at $42.97 on 2026-01-28
• DELANEY TIMOTHY E () bought 7,500 shares at $41.00 on 2025-11-06
• DELANEY TIMOTHY E () bought 2,500 shares at $40.90 on 2025-11-06
• DELANEY TIMOTHY E () bought 2,000 shares at $40.50 on 2025-10-31
• Brown Jason David () bought 350 shares at $41.10 on 2025-06-03

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $1M, sold $1M (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected