EFSC officer exercises RSUs, withholds shares for tax
ENTERPRISE FINANCIAL SERVICES CORP senior executive Mark G. Ponder reported equity compensation activity in company stock.
Rhea-AI Filing Summary
ENTERPRISE FINANCIAL SERVICES CORP senior executive Mark G. Ponder reported equity compensation activity in company stock. He exercised or converted 3,326 Restricted Share Units into 3,326 shares of Common Stock at a stated price of $57.57 per share.
In a related tax-withholding disposition, 1,466 Common shares were withheld to cover tax obligations on the issuance of stock, as described in the footnotes. After these transactions, he directly owned 6,847 Common shares, with additional indirect holdings through a 401(k) plan and a self-directed IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,326 shares exercised/converted
Exercise
13 txns
Insider
PONDER MARK G
Role
SEVP, Chief Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,326 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,326 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,466 | $57.57 | $84K |
| 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 | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 6,065 contracts for 2,739 underlying shares (Direct);
Common Stock — 30,573 shares (Direct);
Non Qualified Stock Option (Right to Buy) — 25,712 contracts (Direct);
Common Stock — 1,517 shares (Indirect, 401(K) Plan);
Common Stock — 200 shares (Indirect, Self IRA)
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. These shares are held jointly with spouse in a Trust.
- 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EFSC executive Mark G. Ponder report?
Mark G. Ponder reported exercising 3,326 Restricted Share Units into 3,326 shares of Common Stock and a related tax-withholding disposition of 1,466 Common shares at $57.57 per share. These actions reflect routine equity compensation activity on February 24, 2026.
Did Mark G. Ponder buy or sell EFSC stock in the open market?
The filing shows a derivative exercise and a tax-withholding disposition, not an open-market purchase or sale. Shares were issued from Restricted Share Units and 1,466 shares were withheld to satisfy tax obligations tied to that stock issuance.
What does the $57.57 price in the EFSC Form 4 represent?
The $57.57 figure is the price per share used for the tax-withholding disposition of 1,466 Common shares. Those shares were delivered to satisfy tax obligations arising from the issuance of Common Stock upon the Restricted Share Unit conversion.
What role does Mark G. Ponder hold at ENTERPRISE FINANCIAL SERVICES CORP (EFSC)?
Mark G. Ponder is identified as an officer of ENTERPRISE FINANCIAL SERVICES CORP with the title SEVP, Chief Administrative Officer. The Form 4 transactions reflect equity compensation and related tax withholding connected to his executive role at the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
