Form 4 Filing for Bank of N.T. Butterfield & Son Ltd
This filing details transactions by Michael Walter Neff, Chief Operating Officer of Bank of N.T. Butterfield & Son Ltd. On May 27, 2026, Neff acquired 51 Restricted Stock Units (RSUs) under the Employee Director Incentive Plan (EDIP) and 405 RSUs under the Equity-Linked Long-Term Incentive Plan (ELTIP). These RSUs represent a contingent right to receive one common share upon vesting and settlement. The EDIP RSUs will vest on February 12, 2027, February 10, 2028, and February 9, 2029, subject to continued service. The ELTIP RSUs vest on the third anniversary of the grant date, with specific dates mentioned as February 12, 2027, February 10, 2028, and February 9, 2029. All acquired RSUs do not expire and will either vest and settle or be forfeited prior to the vesting date. Following these transactions, Neff holds 5,781 shares related to EDIP RSUs and 46,041 shares related to ELTIP RSUs.