Tara Hidalgo, Chief Risk Officer of Bank of N.T. Butterfield & Son Ltd (**NYSE: $NTB), sold 18,587 shares on July 30, 2026, at $61.27 per share, totaling $1,138,770. The transaction was disclosed in a Form 4 filing on July 31. Following the sale, Hidalgo's reported holdings dropped to zero.
The sale was part of a cluster of insider disposals in late July. On the same day, Andrew Ronald Burns — Chief Risk Officer for Butterfield's Cayman Islands operations — sold 18,566 shares at $61.27 per share, generating $1,137,485 in proceeds, and reduced his position to zero as well. One day earlier, on July 29, Jody Terence Feldman, the bank's Chief Technology Officer, sold 7,500 shares at $59.94 per share for $449,535. Feldman retained 5,713 shares after the transaction.
Combined, the three July sales by Hidalgo, Burns, and Feldman produced approximately $2.73 million in gross proceeds. All three Form 4 filings reached the SEC on July 31. For Hidalgo and Burns, who traded on July 30, the disclosure lag was one day. Feldman's filing, covering a trade on July 29, arrived two days after the transaction.
The late-July selling followed a concentrated sequence in mid-June, when Michael W. Collins, Butterfield's chief executive officer, executed three open-market sales on consecutive trading days. Collins sold 20,000 shares at $58.75 on June 12, another 20,000 shares at $58.53 on June 15, and 20,621 shares at $58.77 on June 16. The three transactions generated combined proceeds of roughly $3.56 million. Collins held 121,243 shares before the June 12 sale. After the June 16 transaction, his position stood at 60,622 shares. All three of Collins' June sales were reported on a single Form 4 dated June 16.
The July sales by Hidalgo and Burns extinguished their reported holdings entirely. Feldman's residual stake of 5,713 shares represented the only remaining position among the three officers who sold in late July.
$NTB shares closed at $61.73 on July 30, near the upper end of the June–July trading range of roughly $55.66 to $62.46. The only open-market insider purchase recorded on $NTB in the available data occurred on May 29, when Director Mark T. Lynch acquired 10,000 shares at $56.49 for $564,940. Lynch held 234,794 shares after that purchase.
No members of Congress reported trades in $NTB stock during the period covered by these insider filings.