$NTB

Burns Andrew Ronald sold $1.1M of NTB

Burns Andrew Ronald (Chief Risk Officer, Cayman) sold 18,566 shares of Bank of N.T. Butterfield & Son Ltd (NTB) at $61.27 ($1.14M total) on 2026-07-30.

Original reporting
SEC EDGAR · Burns Andrew Ronald
Published Jul 31, 2026, 6:39 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 31, 2026, 6:44 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$NTB
Neutral
low confidence
Mentioned
$NTB
Relevance
6/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$NTBNeutralLow
01

Why it matters

The newest disclosed fact is the insider sale details: 18,566 shares sold at $61.2671 on 2026-07-30, leaving 0 shares, with no pre-arranged 10b5-1 plan stated.

02

Market read

Traders may note insider selling, but there is no accompanying fundamental update in the text.

03

What to watch

Insider sales can be driven by diversification, taxes, or pre-existing personal liquidity needs; the filing does not indicate intent or future trading.

Relevance 6/10Novelty 3/10Timing: filed 2026-07-31, sale dated 2026-07-30

Background

The article is an SEC Form 4 insider transaction filing for Bank of N.T. Butterfield & Son Ltd.

Company-level read

Ticker impact

$NTBNeutralLow confidence
Context

SEC Form 4 shows Chief Risk Officer Andrew Ronald Burns sold 18,566 NTB shares for about $1.14M on 2026-07-30.

Expected impact

Likely limited near-term impact; any effect would be sentiment-driven and typically fades.

Evidence & confidence

The filing is an insider transaction disclosure, not an earnings, guidance, deal, or regulatory action. The article provides sale size and price but no company-specific new information.

Market effects

Minimal, as it is company-specific insider selling without sector-wide signal.

None indicated.

None indicated.

Counterpoint

Absence of a stated 10b5-1 plan could be interpreted as less predictable selling, but the disclosure still lacks any fundamental catalyst.

Key entities

  • Bank of N.T. Butterfield & Son Ltd

    Subject of the Form 4 insider transaction disclosure (NTB).

  • Andrew Ronald Burns

    Chief Risk Officer, Cayman, who sold shares via an open-market sale.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$NTBMedAI 8/10

Butterfield set for KBRA rating downgrade if acquisition closes

KBRA may downgrade Butterfield Bank's long-term credit ratings by one notch if its $1.8B acquisition of CIBC Caribbean closes. The deal, expected to double Butterfield's size, will change its balance sheet and increase lending exposure. KBRA notes potential downgrade due to transaction scale, but expects strong earnings and liquidity.

$NTBMed

Bank of N.T. Butterfield (NTB): A Caribbean Banking Stock Trading Below 10x Earnings

FPA Queens Road Small Cap Value Fund highlighted Bank of N.T. Butterfield (NTB) in its Q2 2026 investor letter, noting its attractive Caribbean franchises and recent acquisition. NTB's stock traded between $40.59 and $64.17 over the past year, closing at $59.30 on August 28, 2026, with a market cap of $2.32 billion. The fund accumulated shares at less than 10x earnings, despite some operational risks.

$NTBMedAI 8/10

Butterfield Reports Second Quarter 2026 Results

Butterfield Bank of N.T. Butterfield & Son Limited reported Q2 2026 results for the quarter ended June 30, 2026. Net income was $46.9M, or $1.16/diluted share, versus $62.6M prior quarter. Core net income was $63.9M. NII was $95.6M and NIM 2.74%. The board declared a $0.50 dividend and repurchased 0.3M shares. It also announced the planned acquisition of CIBC Caribbean, expected to close in H1 2027.