Bank7 Corp. (BSVN) EVP trims stake with 1,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank7 Corp. Executive Vice President Mathews Darrell Lee Jr. completed an open-market sale of 1,000 shares of common stock on May 5, 2026 at a weighted-average price of $43.0017 per share. After the sale, he directly owns 6,497 shares. This holding includes restricted stock units that vest in equal installments on February 15 of various years, with 2,625 units from an original 3,500-unit grant vesting through 2029, 2,000 units from a 4,000-unit grant vesting through 2028, and 1,250 units from a 5,000-unit grant vesting through 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($43,002)
Net Sell
1 txn
Insider
Mathews Darrell Lee Jr.
Role
Executive Vice President
Sold
1,000 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 1,000 | $43.0017 | $43K |
Holdings After Transaction:
Common stock, par value $0.01 per share — 6,497 shares (Direct, null)
Footnotes (1)
- Includes 2,625 restricted stock units. The original grant of 3,500 restricted stock units vests in four equal installments on February 15, 2026, 2027, 2028, and 2029. Includes 2,000 restricted stock units. The original grant of 4,000 restricted stock units vests in four equal installments on February 15, 2025, 2026, 2027, and 2028. Includes 1,250 restricted stock units. The original grant of 5,000 restricted stock units vests in four equal installments on February 15, 2024, 2025, 2026, and 2027. The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $42.94 to $43.10. Upon request, the reporting person will provide the SEC, the company, or any stockholder full information regarding the number of shares sold at each separate price in the range.
Key Figures
Shares sold: 1,000 shares
Sale price: $43.0017 per share
Post-transaction holdings: 6,497 shares
+3 more
6 metrics
Shares sold
1,000 shares
Open-market sale on May 5, 2026
Sale price
$43.0017 per share
Weighted-average sale price
Post-transaction holdings
6,497 shares
Direct ownership after sale
RSUs remaining from 3,500 grant
2,625 units
Vest in four installments on Feb 15, 2026–2029
RSUs remaining from 4,000 grant
2,000 units
Vest in four installments on Feb 15, 2025–2028
RSUs remaining from 5,000 grant
1,250 units
Vest in four installments on Feb 15, 2024–2027
Key Terms
restricted stock units, weighted average, open-market sale, vesting
4 terms
restricted stock units financial
"Includes 2,625 restricted stock units. The original grant of 3,500 restricted stock units vests in four equal installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average financial
"The price reported is a weighted average. The shares were sold in multiple transactions"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
open-market sale financial
"transaction_action: "open-market sale" with transaction code "S""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vesting financial
"restricted stock units vests in four equal installments on February 15, 2026, 2027, 2028, and 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Bank7 Corp. (BSVN) report for Mathews Darrell Lee Jr.?
Bank7 Corp. reported that Executive Vice President Mathews Darrell Lee Jr. sold 1,000 shares of common stock in an open-market transaction. The sale occurred on May 5, 2026 at a weighted-average price of $43.0017 per share.
What kind of equity awards does Mathews Darrell Lee Jr. have in Bank7 Corp. (BSVN)?
He holds several grants of restricted stock units in Bank7 Corp. These include 2,625 units from an original 3,500-unit grant, 2,000 units from a 4,000-unit grant, and 1,250 units from a 5,000-unit grant, all vesting in equal annual installments.
When do the Bank7 Corp. (BSVN) restricted stock units for Mathews Darrell Lee Jr. vest?
His restricted stock units vest in four equal annual installments on February 15. Different grants vest across 2024, 2025, 2026, 2027, 2028, and 2029, providing a staggered schedule of future share deliveries if employment conditions are met.
Was the Bank7 Corp. (BSVN) insider sale by Mathews Darrell Lee Jr. an open-market transaction?
Yes. The Form 4 identifies the transaction code as “S” and describes it as an open-market sale. This indicates the 1,000 shares were sold through market trades rather than via a private agreement or equity award settlement.