---
schema_version: "secwatch.filing_event.v1"
accession: "0001554795-23-000260"
form_type: "8-K"
ticker: null
cik: "0001060219"
company_name: "SALISBURY BANCORP, INC."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T09:55:35.909112+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Salisbury Bancorp completes merger with NBT Bancorp; stock to be delisted

## Summary
- Merger closed August 11, 2023; each Salisbury share converted to 0.7450 NBT shares.
- Salisbury common stock delisted from Nasdaq; Form 15 to be filed to deregister.
- Salisbury directors and officers ceased at effective time; NBT is surviving entity.
- Press release issued August 14, 2023 announcing completion of strategic merger.

## SEC filing metadata
- accession: 0001554795-23-000260
- form_type: 8-K
- cik: 0001060219
- company_name: SALISBURY BANCORP, INC.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1060219/000155479523000260/0001554795-23-000260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1060219/000155479523000260/sal0814form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554795-23-000260
- JSON: https://secwatch.observer/filing/0001554795-23-000260.json
- Plain text: https://secwatch.observer/filing/0001554795-23-000260.txt

## Key facts
- M&A Transactions
  SALISBURY BANCORP, INC. completed an acquisition involving Salisbury Bancorp, Inc. for 0.7450 shares of NBT common stock (closed 2023-08-11).
  - Action: acquisition
  - Counterparty: Salisbury Bancorp, Inc.
  - Consideration: 0.7450 shares of NBT common stock
  - Closing: 2023-08-11
  source text: and conditions of the Merger Agreement, at the effective time of the Merger (the “Effective Time”) , each share of Salisbury common stock was converted into the right to receive 0.7450 shares of NBT common stock, with cash payable in lieu of any fractional shares. A copy of Salisbury’s press release dated August 14, 2023, announcing the completion of the Merger,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060219/000155479523000260/0001554795-23-000260-index.htm
- M&A Transactions
  SALISBURY BANCORP, INC. underwent a change of control involving NBT Bancorp Inc. for 0.7450 shares of NBT common stock (closed 2023-08-11).
  - Action: change of control
  - Counterparty: NBT Bancorp Inc.
  - Consideration: 0.7450 shares of NBT common stock
  - Closing: 2023-08-11
  source text: and conditions of the Merger Agreement, at the effective time of the Merger (the “Effective Time”) , each share of Salisbury common stock was converted into the right to receive 0.7450 shares of NBT common stock, with cash payable in lieu of any fractional shares. A copy of Salisbury’s press release dated August 14, 2023, announcing the completion of the Merger,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060219/000155479523000260/0001554795-23-000260-index.htm
- Material Agreements
  SALISBURY BANCORP, INC. amended First Amendment to Agreement and Plan of Merger with NBT Bancorp Inc. and NBT Bank, National Association valued at First Amendment to Agreement and Plan of Merger to correct typographical errors and clarify certain (effective 2023-08-09).
  - Action: amendment
  - Agreement: merger
  - Counterparty: NBT Bancorp Inc. and NBT Bank, National Association
  - Value: First Amendment to Agreement and Plan of Merger to correct typographical errors and clarify certain
  - Effective: 2023-08-09
  source text: On August 9, 2023, Salisbury, Salisbury Bank, NBT and NBT Bank entered into a First Amendment to Agreement and Plan of Merger (the “Merger Agreement Amendment”) in accordance with Section 8.02 of the Merger Agreement to, among other matters, (i) correct certain typographical errors in the Merger Agreement, (ii) clarify that references to “charter and bylaws” of NBT and NBT Bank in the Merger Agreement refer to the Restated Certificate of Incorporation, as amended, and Amended and Restated Bylaws of NBT and the Articles of Association and Amended and Restated Bylaws of NBT Bank, respectively, and (iii) clarify that the New Bank Board Member (as defined in the Merger Agreement) shall be appointed to the board of directors of NBT Bank by the board of directors of NBT Bank in accordance with the Articles of Association and Amended and Restated Bylaws of NBT Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060219/000155479523000260/0001554795-23-000260-index.htm

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