secwatch.observer — SEC 8-K summary
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Issuer:     NBT BANCORP INC (NBTB)
CIK:        0000790359
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001140361-25-010051
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NBT Bancorp increases Scott Kingsley's retirement contributions by $500k to min $1M
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- SERP amendment raises annual Pay Based Credits for Kingsley by $500,000 to at least $1,000,000 effective 2025 plan year.
- Amendment executed March 24, 2025, retroactive to January 1, 2025.
- Increase applies to Scott A. Kingsley, covered under the NBT Bancorp Supplemental Executive Retirement Plan.
- Minimum total company retirement contributions (including 401k/ESOP match) for Kingsley now $1,000,000 annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790359/000114036125010051/0001140361-25-010051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790359/000114036125010051/ef20045922_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-010051

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