Enterprise Financial credit officer exercises RSUs
Enterprise Financial Services Corp Chief Credit Officer Kevin L. Handley exercised 380 Restricted Share Units into an equal number of common shares on April 14, 2026.
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Form Type
4
Rhea-AI Filing Summary
Enterprise Financial Services Corp Chief Credit Officer Kevin L. Handley exercised 380 Restricted Share Units into an equal number of common shares on April 14, 2026. Of these, 160 shares were withheld at $58.30 per share to cover tax obligations, leaving 6,400 common shares held directly afterward. He continues to hold multiple non-qualified stock option grants and additional RSU awards scheduled to vest in future years under the company’s 2018 Stock Incentive Plan.
Insider Trade Summary
380 shares exercised/converted
Exercise
11 txns
Insider
Handley Kevin L
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 380 | $0.00 | $0.00 |
| Exercise | Common Stock | 380 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 160 | $58.30 | $9K |
| 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 | Restricted Share Units | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 2,231 contracts (Direct);
Common Stock — 6,400 shares (Direct);
Non Qualified Stock Option (Right to Buy) — 8,893 contracts (Direct)
Footnotes (8)
- F1. Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
- F2. This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
- F3. The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.
- F4. 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.
- F5. The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
- F6. The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.
- F7. The RSU's vest 100% in the first quarter of 2029, subject to continued employment by the reporting person.
- F8. The RSU's vest 100% April 14, 2026, subject to continued employment by the reporting person.
Key Figures
RSUs exercised: 380 shares
Shares withheld for taxes: 160 shares at $58.30
Common shares held after: 6,400 shares
+4 more
7 metrics
RSUs exercised
380 shares
Restricted Share Units converted to common stock on April 14, 2026
Shares withheld for taxes
160 shares at $58.30
Tax-withholding disposition of common stock on April 14, 2026
Common shares held after
6,400 shares
Direct EFSC common stock ownership following transactions
Option exercise price
$43.81 per share
Non-qualified stock option expiring February 25, 2031, on 1,612 underlying shares
Option exercise price
$48.34 per share
Non-qualified stock option expiring February 24, 2032, on 1,230 underlying shares
Option exercise price
$39.50 per share
Non-qualified stock option expiring February 28, 2034, on 2,576 underlying shares
Unvested RSUs block
1,140 units
Restricted Share Units representing 1,140 common shares, vesting 100% in first quarter 2029
Key Terms
Restricted Share Units, Non Qualified Stock Option (Right to Buy), tax withholding, 2018 Stock Incentive Plan, +1 more
5 terms
Non Qualified Stock Option (Right to Buy) financial
"Non Qualified Stock Option (Right to Buy) grants allow purchase of Common Stock at a set price."
tax withholding financial
"Withholding of stock to satisfy tax withholding obligation on issuance of common stock."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
2018 Stock Incentive Plan financial
"The RSU's were granted pursuant to the Company's 2018 Stock Incentive Plan."
vest 100% financial
"The RSU's vest 100% in the first quarter of 2028, subject to continued employment."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EFSC’s Chief Credit Officer Kevin L. Handley report on this Form 4?
Kevin L. Handley reported exercising 380 Restricted Share Units into common stock and a related tax-withholding share disposition. These transactions reflect routine equity compensation activity rather than open-market buying or selling of Enterprise Financial Services Corp (EFSC) stock.
What derivative awards does Kevin L. Handley still hold in EFSC after this filing?
Kevin L. Handley continues to hold several non-qualified stock options and Restricted Share Units. Remaining options cover thousands of EFSC shares at exercise prices between $39.50 and $57.17, alongside unvested RSUs that each convert into one share of common stock.
Do the reported EFSC transactions indicate open-market buying or selling by Kevin L. Handley?
The filing shows derivative exercise and tax-withholding events, not open-market trades. RSUs converted into common shares and some shares were withheld for taxes, so the activity reflects routine compensation mechanics rather than discretionary buying or selling in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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