CFO Michael Schrum Receives Restricted Stock Units at Bank of N.T. Butterfield

2026-05-29SEC Filing 4 (0001653242-26-000051)

Bank of N.T. Butterfield & Son Ltd CFO Michael Schrum received two grants of restricted stock units on May 27, 2026. The first grant consisted of 2,155 restricted stock units under the EDIP plan, bringing his total holdings to 244,821 ordinary shares. The second grant was for 1,378 restricted stock units under the ELTIP plan, increasing his total to 156,613 ordinary shares. These restricted stock units represent contingent rights to receive ordinary shares upon vesting, with no purchase price involved. The EDIP units vest on various dates between February 2027 and February 2030, while the ELTIP units have specific vesting dates including August 2027 and February 2027-2030. The filing was signed by Tara Hidalgo via power of attorney for Michael Schrum on May 29, 2026.