secwatch.observer — SEC 8-K summary
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Issuer:     Orange County Bancorp, Inc. /DE/ (OBT)
CIK:        0001754226
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0000943374-24-000506
Event type: other_material
Sentiment:  positive
Materiality: 0.35
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orange County Bancorp announces 2-for-1 stock split; shares to double to ~11.4M
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- Record holders as of Jan 9, 2025 get one additional share after Jan 10 close; split-adjusted trading starts Jan 13.
- Outstanding shares increase from ~5.7M to ~11.4M; par value reduced from $0.50 to $0.25 per share.
- CEO Michael Gilfeather says split will make stock ownership more accessible and promote new investor interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754226/000094337424000506/0000943374-24-000506-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754226/000094337424000506/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-24-000506

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer