EFSC executive buys shares via employee plan
Enterprise Financial Services Corp senior executive Douglas Bauche reported an acquisition of company shares through the 2018 Employee Stock Purchase Plan for the period from January 1, 2026 through June 30, 2026.
Rhea-AI Filing Summary
Enterprise Financial Services Corp senior executive Douglas Bauche reported an acquisition of company shares through the 2018 Employee Stock Purchase Plan for the period from January 1, 2026 through June 30, 2026. He acquired 453 shares of common stock at $45.94 per share, with the purchase price set at 85% of the January 2, 2026 closing price, and now directly holds 28,874 common shares.
In addition, Bauche holds 3,282 common shares indirectly through the company’s 401(k) plan. He also has several blocks of restricted share units and non-qualified stock options tied to common stock that vest or become exercisable in future years under the company’s 2018 Stock Incentive Plan, providing additional potential equity exposure over time.
Positive
- None.
Negative
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Insider Trade Summary
Other: 453 shares
Other
11 txns
Insider
BAUCHE DOUGLAS
Role
SEVP, Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 453 | $45.94 | $21K |
| 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 | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,874 shares (Direct);
Non Qualified Stock Option (Right to Buy) — 26,802 contracts (Direct);
Restricted Share Units — 8,029 contracts (Direct);
Common Stock — 3,282 shares (Indirect, 401(K) Plan)
Footnotes (10)
- F1. The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2018 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of January 1, 2026, through June 30, 2026. This transaction is exempt under Section 16b-3(c).
- F2. In accordance with the terms of the ESPP, the reported shares were acquired based on 85% of the closing price of the Issuer's common stock on January 2, 2026.
- F3. These securities are shares of EFSC common stock held through the Company's 401(k) Plan.
- 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 RSU's vest 100% in the first quarter of 2029, subject to continued employment by the reporting person.
- F10. 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.
Key Figures
ESPP shares acquired: 453 shares
ESPP purchase price: $45.94/share
Direct common shares after: 28,874 shares
+5 more
8 metrics
ESPP shares acquired
453 shares
Common Stock acquired in ESPP period ending June 30, 2026
ESPP purchase price
$45.94/share
Price based on 85% of January 2, 2026 closing price
Direct common shares after
28,874 shares
Direct EFSC common stock holding after ESPP transaction
401(k) common shares
3,282 shares
Common stock held indirectly through company 401(k) plan
Largest RSU block
3,326 underlying shares
Restricted Share Units linked to EFSC common stock
Largest option grant
7,786 underlying shares
Non Qualified Stock Option at $39.50, expiring February 28, 2034
Highest option strike
$57.17/share
Non Qualified Stock Option expiring March 4, 2035
Option expiring soonest
4,730 underlying shares
Option at $43.81 expiring February 25, 2031
Key Terms
2018 Employee Stock Purchase Plan, Section 16b-3(c), 401(K) Plan, Restricted Share Units, +1 more
5 terms
2018 Employee Stock Purchase Plan financial
"reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2018 Employee Stock Purchase Plan"
Section 16b-3(c) regulatory
"This transaction is exempt under Section 16b-3(c)."
401(K) Plan financial
"These securities are shares of EFSC common stock held through the Company's 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Non Qualified Stock Option (Right to Buy) financial
"Non Qualified Stock Option (Right to Buy) with underlying Common Stock"
FAQ
What did EFSC executive Douglas Bauche report in this Form 4 filing?
Douglas Bauche reported acquiring 453 shares of Enterprise Financial Services Corp common stock through the company’s employee stock purchase plan. After this transaction, he directly holds 28,874 common shares, plus additional indirect holdings and equity awards linked to EFSC stock.
What equity awards in EFSC does Douglas Bauche hold besides common stock?
Beyond common shares, Douglas Bauche holds multiple restricted share unit awards and non-qualified stock options linked to EFSC common stock. RSU blocks include 3,326, 1,845, 1,371, and 1,487 underlying shares, and he also holds several option grants with different exercise prices.
Are the reported EFSC employee stock purchases exempt under SEC rules?
Yes. The filing states the acquisition of EFSC shares through the 2018 Employee Stock Purchase Plan is exempt under Section 16b-3(c). This provision generally covers certain employee benefit plan transactions, reducing short-swing profit concerns for insiders participating in such plans.
What stock option positions in EFSC does Douglas Bauche currently report?
Bauche reports several non-qualified stock options on EFSC common stock, including grants over 4,100, 7,786, 5,105, 5,081, and 4,730 underlying shares. Exercise prices range from $39.50 to $57.17, with expirations between 2031 and 2035.
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