Insider Purchase by Vitale Michael (EVP, Head of Comm Banking)
Trade Summary
4 days ago, Vitale Michael, serving as EVP, Head of Comm Banking at Rhinebeck Bancorp, Inc. (RBKB), purchased 5,000 shares at $11.94 per share, for a total transaction value of $59,700.00. Following this transaction, Vitale Michael now holds 17,580 shares of RBKB.
This purchase represents a 39.75% increase in Vitale Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, July 22, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, July 23, 2026 at 4:23 PM ET, 1 day after the trade was made.
Rhinebeck Bancorp, Inc. operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$11.94
Quantity
5,000
Total Value
$59,700.00
Shares Owned
17,580
Trade Date
4 days ago
SEC Filing Date
at 4:23 PM ET
Filed 1 day after trade
Discussion