{
  "id": 4873531,
  "title": "Bank of N.T. Butterfield CEO Sells All 207,000 Shares for $12.8 Million",
  "url": "https://urgent.news/2026/09/01/bank-of-n-t-butterfield-ceo-sells-all-207-000-shares-for-12-8-million",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T13:50:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/09/01/bank-of-n-t-butterfield-ceo-sells-all-207-000-shares-for-usd12-8-million/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Michael W. Collins, CEO of The Bank of N.T. Butterfield & Son Limited, a regional financial institution with a market capitalization of $2.4 billion, recently sold all 207,000 of his ordinary shares. The transaction, valued at $12.8 million based on an average weighted sale price of $61.59 per share, took place on August 17 and 18, 2026. The post-transaction value, calculated using the market close on August 19, 2026, was $59.06 per share. NTB reported a net income of $234.4 million over the trailing twelve months, maintaining a net profit margin of approximately 32.6%, highlighting the efficiency of its community banking model. With 1,299 employees and a customer base across retail and commercial segments, NTB continues to provide personalized banking services in Hamilton, Rhode Island.",
  "summary": "Michael Collins liquidated his entire direct equity stake at $61.59 per share, eliminating all immediate ownership exposure following a strong 34% one-year return.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}