Insider Cluster (2 insiders) ·Filed Jul 31, 2026
Insider cluster: 2 insiders, $1.6M total
Actionable Insight • Neutral
The small size and non-C-suite nature of these sales suggest routine portfolio diversification rather than a bearish signal. No immediate trading action warranted; monitor for any larger insider sales or upcoming earnings for a more meaningful read.
Final — all horizons settled through T+60d ⚠ clustered
NTB ▼ -2.19% at T+60d
NEUTRAL call -2.19% · α vs SPY -4.64% · entry $61.29 → $59.95
T+1d
+1.40%
call +1.40% · α -0.02%
$62.15
settled 3mo ago
T+5d
+1.68%
call +1.68% · α -1.83%
$62.32
settled 3mo ago
T+20d
-3.25%
call -3.25% · α -6.23%
$59.30
settled 2mo ago
T+60d
-2.19%
call -2.19% · α -4.64%
$59.95
settled yesterday
Price Chart
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Executive Summary
Two non-C-suite insiders at Bank of N.T. Butterfield sold a combined $1.59M in open-market transactions. The total represents just 0.06% of market cap, making this a routine and immaterial event with no bearish signal.
Key Financial Metrics
Direction
selling
Total Value
$1.6M
Insiders
2
Key Facts
- Chief Risk Officer (Cayman) Andrew Ronald Burns sold 18,566 shares at $61.27 for $1.14M on 2026-07-30.
- Managing Director (Bermuda) Jody Terence Feldman sold 7,500 shares at $59.94 for $450K on 2026-07-29.
- Total insider sales of $1.59M represent ~0.06% of NTB's $2.5B market cap.
- No C-suite (CEO/CFO) involvement; both sellers are regional executives.
Financial Impact
Total insider sales of $1.59M, or 0.06% of market cap — trivial.
Market Snapshot
Exchange
NYSE
Sector
Commercial Banks, NEC
Analyst Consensus
57% bullish (7 analysts)
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NTB-1785523204790 |
13 reports for NTB
50% Hit rate @ T+20 Went positive at some point 4 of 6 best @ T+20▲ +5.93%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 6-K | $59.69 | awaiting T+20 | — | $60.15 (+0.77%) |
Sep 18, 2026 5w ago | 6-K | $59.15 $58.35 | ▼ −1.35% | ▼ −0.44% | $60.15 (+1.69%) |
Aug 26, 2026 8w ago | Insider Cluster | $59.13 $58.95 | ▼ −0.30% | ▼ −0.59% | $60.15 (+1.73%) |
Aug 26, 2026 8w ago | Insider Cluster | $59.13 $58.95 | ▲ +0.30% | ▲ +0.59% | $60.15 (−1.73%) |
Aug 19, 2026 9w ago | Insider Cluster | $58.66 $59.41 | ▼ −1.28% | ▼ −1.15% | $60.15 (−2.54%) |
Aug 14, 2026 10w ago | 6-K | $62.96 $59.62 | ▼ −5.30% | ▼ −3.33% | $60.15 (−4.46%) |
Aug 14, 2026 10w ago | 6-K | $62.96 $59.62 | ▼ −5.30% | ▼ −3.33% | $60.15 (−4.46%) |
Aug 5, 2026 11w ago | Insider Cluster | $62.00 $60.97 | ▼ −1.66% | ▼ −2.26% | $60.15 (−2.98%) |
Aug 5, 2026 11w ago | Insider Cluster | $62.00 $60.97 | ▼ −1.66% | ▼ −2.26% | $60.15 (−2.98%) |
Jul 31, 2026 12w ago | Insider Cluster | $61.29 $59.30 | ▲ +3.25% | ▲ +6.23% | $60.15 (+1.86%) |
Showing 10 of 13
US Market Status
Market Closed — Opens Wed (< 1m)
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