Rhinebeck Bancorp director Loughlin buys $149,120 in shares By Investing.com

Suzanne Loughlin, a director at Rhinebeck Bancorp, Inc. (), acquired shares of the company’s common stock totaling $149,120 on July 22, 2026.

Ms. Loughlin purchased a total of 12,500 shares across two separate transactions. The prices paid for these shares ranged from $11.92 to $11.93 per share. The timing of the purchase is notable, as the stock has declined 27% over the past week and currently trades at $12.35, according to InvestingPro data. An InvestingPro Tip indicates the stock is in oversold territory, while the platform’s Fair Value analysis suggests RBKB may be undervalued at current levels.

Following these acquisitions, Ms. Loughlin directly holds 46,828 shares of Rhinebeck Bancorp common stock. Some of these shares are restricted stock, which vest at a rate of 33 1/3% per year commencing on May 26, 2027. Additionally, Ms. Loughlin holds 22,875 fully vested stock options with an exercise price of $4.70, which are set to expire on August 25, 2030.

In other recent news, Rhinebeck Bancorp, Inc. announced that its stockholders and depositors have approved the conversion from a mutual holding company structure to a fully public stock holding company structure. This conversion is contingent upon final regulatory approvals and the sale of at least 6,587,500 shares of common stock. Concurrently, Rhinebeck Bancorp has launched a stock offering of up to 8,912,500 shares at $10.00 per share, primarily targeting eligible depositors and the bank’s employee benefit plans. Unsubscribed shares may be made available to the general public, with preference given to residents of certain New York counties. Additionally, Rhinebeck Bancorp has entered into an agreement with Keefe, Bruyette & Woods, Inc. (KBW) to assist in marketing its common stock during this offering. KBW will act as a financial advisor and marketing agent, receiving a management fee and a success fee based on the proceeds from the stock offering. These developments are part of Rhinebeck Bancorp’s strategic move to transition to a fully public stock holding company.

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