{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-015816","form_type":"8-K","ticker":"NBTB","cik":"0000790359","company_name":"NBT BANCORP INC","filed_at":"2023-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.234973+00:00","generated_at":"2026-06-17T07:25:29.667409+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NBT and Salisbury face two shareholder lawsuits over merger; voluntarily supplement proxy","bullets":["Two class actions filed in Connecticut allege Salisbury directors breached fiduciary duties in approving merger.","Six demand letters also received; the companies deny all allegations and will defend vigorously.","Supplemental disclosures include Janney's fairness opinion fee of $200k and completion fee of 1.15% of $204M deal value.","Additional proxy updates include offer letters to two Salisbury executives and revised financial projections.","Salisbury shareholder vote on merger scheduled for special meeting April 12, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-015816","json":"https://secwatch.observer/filing/0001140361-23-015816.json","markdown":"https://secwatch.observer/filing/0001140361-23-015816.md","text":"https://secwatch.observer/filing/0001140361-23-015816.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/790359/000114036123015816/0001140361-23-015816-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/790359/000114036123015816/brhc10050835_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:25:29.667409+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}