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AI brief of an SEC Form 8-K · NBT Bancorp (NBTB)

NBT Bancorp raises Scott Kingsley's retirement contributions to at least $1 million

Neutral Impact 2 of 5 leadership Written later

NBT Bancorp amended its supplemental retirement agreement with Scott Kingsley, increasing his annual Pay Based Credits by $500,000 so that total annual company-provided retirement contributions are not less than $1,000,000 starting with the 2025 Plan Year. The amendment is a compensation change for a named officer and is filed as Exhibit 10.1. The filing gives conflicting dates for the amendment, May 24, 2025 in the text and March 24, 2025 in the exhibit description.

Key points

  • Pay Based Credits increased by $500,000 per year under the SERP Amendment
  • Total annual company-provided retirement contributions for Mr. Kingsley not less than $1,000,000, effective with the 2025 Plan Year
  • Text says the amendment was entered into May 24, 2025; Exhibit 10.1 is dated March 24, 2025, and the filing is dated March 24, 2025

The filing

CompanyNBT Bancorp (NBTB)
Form8-K, current report
Filed with the SECMar 24, 2025, 4:54 PM ET
Accession number0001140361-25-010051

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 24, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.