BOK Financial (BOKF) EVP logs stock grants, option exercise and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOK Financial Corp EVP and Chief Auditor Rebecca D. Keesling reported multiple equity-related transactions in company common stock. She acquired 1,443 shares on a grant/award basis, including restricted stock that vests on January 16, 2029 and is subject to employment and earnings-per-share performance conditions.
She also acquired 623 shares through an exercise or conversion of a derivative security, with no cash price shown, and had 751 shares withheld to cover taxes at $133.56 per share. After these transactions, she directly owned 12,786 common shares, with additional indirect holdings through an IRA and a 401(k) plan. Her reported holdings also now include 9.522 dividend reinvestment plan shares that were not previously reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Keesling Rebecca D
Role
EVP, Chief Auditor
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 623 | $0.00 | -- |
| Tax Withholding | Common Stock | 751 | $133.56 | $100K |
| Grant/Award | Common Stock | 1,443 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,537 shares (Direct);
Common Stock — 437.638 shares (Indirect, by IRA)
Footnotes (1)
- Represents restricted stock which vests on January 16, 2029. Shares are subject to forfeiture (i) upon termination of employment prior to vesting, and (ii) if certain performance earnings per share targets established pursuant to BOKF Executive Incentive Plan are not met. Represents upward restricted stock adjustments based upon attainment of performance goals established pursuant to the BOKF Executive Incentive Plan for restricted stock awards made in 2023. Includes 9.522 shares of BOKF common stock not previously reported that were acquired under a BOKF dividend reinvestment plan in which Ms. Keesling is a participant.
FAQ
What insider transactions did BOKF EVP Rebecca Keesling report on this Form 4?
Rebecca D. Keesling reported a stock grant of 1,443 BOKF common shares, an exercise or conversion of 623 shares, and a tax-withholding disposition of 751 shares at $133.56. These transactions reflect equity compensation and related tax settlement, not open-market buying or selling.
What are the vesting terms of Rebecca Keesling’s new BOKF restricted stock?
The filing states that certain restricted stock vests on January 16, 2029. Shares are subject to forfeiture if employment ends before vesting or if earnings-per-share performance targets set under the BOKF Executive Incentive Plan are not achieved during the applicable performance period.
What do the performance-based adjustments in Keesling’s BOKF stock awards mean?
A footnote explains that some reported shares reflect upward restricted stock adjustments. These result from achieving performance goals established in the BOKF Executive Incentive Plan for restricted stock awards granted in 2023, increasing the number of earned shares under those awards.