---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000271"
form_type: "8-K"
ticker: "OBT"
cik: "0001754226"
company_name: "Orange County Bancorp, Inc. /DE/"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T02:55:11.553284+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Orange County Bancorp cuts director stock ownership requirement from $125K to $1K

## Summary
- Board amended Bylaws on June 20, 2024, reducing mandatory director stock ownership to $1,000 (fair market value).
- Previous amendments required $125,000 (2022) or compliance with Stock Ownership Guidelines (2023).
- New requirement mirrors National Bank Act; standalone Stock Ownership Guidelines remain in effect.
- Change effective immediately; applies to all directors.

## SEC filing metadata
- accession: 0000943374-24-000271
- form_type: 8-K
- ticker: OBT
- cik: 0001754226
- company_name: Orange County Bancorp, Inc. /DE/
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754226/000094337424000271/0000943374-24-000271-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754226/000094337424000271/form8k_061724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000271
- JSON: https://secwatch.observer/filing/0000943374-24-000271.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000271.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.