Four Rhinebeck Bancorp insiders bought a combined $716,108.40 in $RBKB stock over fifteen days in July and August 2026. The buyers included Chief Executive Officer Matthew James Smith, Vice President Michael Vitale, and directors Nancy Koskey Patzwahl and Suzanne Loughlin.
The purchases started on July 22, 2026, when $RBKB closed at $12.04, down from $17.65 the previous session. Trading volume reached 1.36 million shares that day, far above the daily average of roughly 10,000 to 25,000 shares recorded earlier in the month.
Director Nancy Koskey Patzwahl made the largest single purchase of the cluster, buying 25,000 shares at $11.94 per share for $298,500. That raised her position to 27,270 shares and accounted for roughly 42 percent of the total dollar value.
Director Suzanne Loughlin executed two open-market purchases on July 22. She bought 12,000 shares at $11.93 ($143,160) and an additional 500 shares at $11.92 ($5,960), for a combined $149,120. Her post-trade position of 46,828 shares was the largest holding among the four insiders.
CEO Matthew James Smith also made two July 22 purchases. He acquired 10,125 shares at $12.00 each for $121,500 and 2,300 shares at $11.995 for $27,588.50, totaling $149,088.50. Smith's holdings reached 36,251 shares after the transactions.
Vice President Michael Vitale bought 5,000 shares at $11.94 on July 22, spending $59,700 and lifting his position to 17,580 shares. Two weeks later, on August 6, he purchased another 4,834 shares at $12.35 for $59,699.90. His combined spending across both dates was $119,399.90, giving him 22,414 shares. All four insiders filed their July 22 Form 4s with the SEC on July 23, one day after the trades. Vitale filed his August 6 trade the same day.
Before this cluster, the most recent open-market insider purchase in $RBKB was by CFO Kevin M. Nihill, who bought 1,000 shares at $9.67 on November 6, 2025. Other insider activity in the intervening months consisted of sales. Chief Lending Officer Philip J. Bronzi sold 4,162 shares at $15.915 in May 2026 and 5,046 shares across three transactions in December 2025. Chief Credit Officer James T. McCardle III sold 4,250 shares in August 2025 and 685 shares earlier that same month.
Rhinebeck Bancorp, Inc. is a bank holding company based in Poughkeepsie, New York, operating through its subsidiary Rhinebeck Bank. As of the most recent reporting, the company's market capitalization was about $192.7 million. No members of Congress filed STOCK Act disclosures for $RBKB trades during this period.