EFSC CFO exercises RSUs, withholds shares for tax
ENTERPRISE FINANCIAL SERVICES CORP executive Keene S. Turner reported equity award activity and related tax withholding.
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Rhea-AI Filing Summary
ENTERPRISE FINANCIAL SERVICES CORP executive Keene S. Turner reported equity award activity and related tax withholding. On February 24, 2026, he acquired 4,989 shares of common stock through the exercise of 4,989 restricted share units at a stated price of $0 per share.
To cover taxes on this issuance, 2,169 common shares were withheld at $57.57 per share, as noted in the filing. After these transactions, Turner directly owned 64,319 shares of common stock, with additional indirect holdings through a 401(k) plan and separate depository shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 4,989 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,989 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,169 | $57.57 | $125K |
| holding | Non Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Depository Shares | -- | -- | -- |
Footnotes (9)
- F1. Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
- F2. These securities are represented by units held in a unitized stock fund through the Company's 401(k) Plan. The unitized stock fund consists of cash and common stock in amounts that vary from time to time.
- F3. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.00% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Depositary Shares were purchased in an underwritten public offering.
- F4. This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
- F5. The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.
- F6. The RSU's were granted pursuant to the Company's 2018 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
- F7. The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
- F8. The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.
- F9. The RSUs vest over six years in one-third installments on each of February 24, 2024, February 24, 2026, and February 24, 2028. Vesting is subject to continued employment of the reporting person. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
FAQ
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What insider transactions did EFSC executive Keene S. Turner report on February 24, 2026?
What are the key details of the tax-withholding transaction reported by EFSC’s CFO?
What types of EFSC equity awards and holdings does Keene S. Turner report owning?
AI-generated analysis. How Rhea-AI works. Not financial advice.
