Rhinebeck Bancorp terminates executive long-term incentive and retention plan, accelerates vesting

• Rhinebeck Bancorp’s bank unit terminated its Executive Long-Term Incentive and Retention Plan on May 19, 2026.
• Termination triggered full vesting of participants’ deferred-compensation account balances; Jamie Bloom, Kevin Nihill were the only named executive officers in the plan.
• Distributions cannot be paid earlier than 12 months from the termination date, except amounts otherwise due under the plan.
• All payouts must be completed within 24 months of the termination date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rhinebeck Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000943374-26-000387), on August 14, 2026, and is solely responsible for the information contained therein.