Orange County Bancorp, Inc. /DE/ (OBT) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 11, 2026

Risk Assessment Details

Potential Dilution: 31.01% of current shares
Recent Dilution: 25.25% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
13M
Potential Supply
4.1M
Additional shares possible
Splits
2 Splits
Past 2 years

Summary

OBT currently has 13.4M outstanding shares. with moderate dilution risk from 4.14M authorized shares representing 31.0% potential dilution. The company has significantly diluted shareholders by 25.25% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 11, 2026

10-Q filing | 13.4M shares outstanding

13M 4.1M
Mar 16, 2026

10-K filing | 12.5M shares outstanding

13M 4.1M
Nov 10, 2025

10-Q filing | 13.3M shares outstanding

13M 4.1M
Aug 11, 2025

10-Q filing | 13.4M shares outstanding

13M 4.1M
Jun 09, 2025

8-K filing: Orange County Bancorp, Inc. announces the completion of the sale of an additional 258,064 shares of common stock at $23.25 per share due to the underwriters exercising their overallotment option, with net proceeds of approximately $5.7 million. ($5.7M proceeds)

11M 4.1M
May 12, 2025

10-Q filing | 11.3M shares outstanding

11M 4.1M
Mar 17, 2025

10-K filing | 11.3M shares outstanding

11M 4.1M
Jan 13, 2025
Stock Split

8-K filing: Stock split 2-for-1 | Outstanding: 5,653,904 → 11,307,808

11M 2.1M
Jan 10, 2025
Stock Split

8-K filing: Stock split 2-for-1 | Outstanding: 5,653,904 → 30,000,000

30M 2.1M
Nov 13, 2024

10-Q filing | 5.7M shares outstanding

5.7M 1M
Aug 12, 2024

10-Q filing | 5.6M shares outstanding

5.6M 1M
Jul 12, 2024

S-3 filing: Orange County Bancorp, Inc. is filing an S-3 registration statement to offer and sell up to $100.0 million of various securities, including debt securities, common stock, warrants, purchase contracts, units, and subscription rights.

5.6M 1M
May 15, 2024

10-Q filing | 5.6M shares outstanding

5.6M 1M
Mar 29, 2024

10-K filing | 5.6M shares outstanding

5.6M 1M
Nov 14, 2023

10-Q filing | 5.6M shares outstanding

5.6M 1M
Aug 11, 2023

10-Q filing | 5.6M shares outstanding

5.6M 1M
May 15, 2023

10-Q filing | 5.6M shares outstanding

5.6M 1M
Mar 24, 2023

10-K filing | 5.6M shares outstanding

5.6M 1M
Dec 01, 2022

S-3 filing: Orange County Bancorp, Inc. files an S-3 registration statement to offer and sell up to $100.0 million of debt securities, common stock, warrants, purchase contracts, units, or subscription rights.

5.6M 1M
Nov 10, 2022

10-Q filing | 5.6M shares outstanding

5.6M 1M
Aug 11, 2022

10-Q filing | 5.6M shares outstanding

5.6M 1M
May 11, 2022

10-Q filing | 5.6M shares outstanding

5.6M 1M
Mar 30, 2022

10-K filing | 5.6M shares outstanding

5.6M 1M
Nov 09, 2021

10-Q filing | 5.2M shares outstanding

5.2M 1M
Sep 22, 2021

8-K filing: Orange County Bancorp, Inc. granted approximately 48,000 restricted stock units to directors and officers and intends to make a discretionary contribution of up to $200,000 to the Company's KSOP Trust to purchase shares of Company common stock in the open market.

5.6M 1M
Sep 15, 2021

10-Q filing | 5.6M shares outstanding

5.6M 1M
Jul 29, 2021

S-1/A filing: This is an S-1/A filing for the initial public offering of common stock of Orange County Bancorp, Inc., offering 900,000 shares with an option for underwriters to purchase an additional 135,000 shares.

N/A 1M
Jul 22, 2021

S-1/A filing: This is an S-1/A filing for the initial public offering of common stock of Orange County Bancorp, Inc.

N/A 0
Jul 09, 2021

S-1 filing: This is an S-1 filing for the initial public offering of Orange County Bancorp, Inc.'s common stock. The offering includes shares from both the company and selling stockholders.

N/A 0
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