BOK Financial (BOKF) CEO logs restricted stock grant and tax-related share disposition
Rhea-AI Filing Summary
BOK Financial Corp President & CEO Stacy Kymes reported several equity compensation changes in company stock. On February 17, 2026, he acquired 25,274 shares of common stock as a grant. Footnotes explain this is restricted stock that vests on January 16, 2029 and is subject to forfeiture if employment ends early or specified earnings-per-share performance targets under the BOKF Executive Incentive Plan are not met, including upward adjustments tied to achieving prior performance goals.
On February 18, 2026, he exercised derivative securities, acquiring 14,647 shares of common stock, and then disposed of 16,846 shares at $133.56 per share to cover exercise price or tax liabilities by delivering shares, rather than an open-market sale. After these transactions, his directly held common stock position was reported as 123,180.539 shares. Indirect holdings were also reported through a revocable trust and a 401(k) plan, and a footnote notes a small upward correction of 0.5386 shares to previously reported beneficial ownership.
Positive
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Negative
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Insights
CEO activity reflects routine equity awards, vesting conditions, and tax-related share withholding.
The filing shows Stacy Kymes receiving a restricted stock grant of 25,274 shares that vests on January 16, 2029, contingent on continued employment and earnings-per-share performance targets under the BOKF Executive Incentive Plan. Footnotes also describe upward restricted stock adjustments based on achieving earlier performance goals.
On February 18, 2026, he exercised derivative securities, acquiring 14,647 shares, and disposed of 16,846 shares at $133.56 per share through a tax-withholding mechanism. This indicates shares were delivered to satisfy exercise price or tax liabilities, not an open-market sale. Direct ownership after these events is reported as 123,180.539 shares, plus indirect holdings via a revocable trust and a 401(k) plan.
Overall, these actions appear consistent with scheduled equity compensation, vesting, and tax treatment for a senior executive. The net buy/sell summary is neutral, and the filing mainly updates the structure and conditions of his ownership rather than signaling a discretionary market trade.
FAQ
What did BOKF CEO Stacy Kymes report in this Form 4 filing?
How many BOKF shares did Stacy Kymes acquire and dispose of in February 2026?
What are the vesting terms of Stacy Kymes’s new BOKF restricted stock?
Was the BOKF CEO’s share disposition an open-market sale?
How many BOKF shares does Stacy Kymes own directly after these transactions?
Did the Form 4 include any corrections to Stacy Kymes’s prior BOKF ownership reports?