Enterprise Financial (NASDAQ: EFSC) CFO awarded stock and withholds shares

Rhea-AI Filing Summary

Enterprise Financial Services Corp executive Keene S. Turner, SEVP and Chief Financial Officer, reported multiple equity compensation transactions dated 02/10/2026. He acquired 1,964 shares of common stock through the exercise of restricted share units at $0 per share, then had 854, 1,473 and 1,127 shares of common stock withheld at $59.22 per share to cover tax obligations.

Turner also received new stock awards of 3,221 and 2,592 shares of common stock, granted under the company’s 2018 Stock Incentive Plan. After these transactions, he directly owned 61,499 shares of common stock, plus 1,683 shares held indirectly through the company 401(k) plan and 2,000 depository shares, alongside several outstanding stock options and restricted share unit grants that vest or become exercisable in future years.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KEENE S TURNER

(Last) (First) (Middle)

150 N. MERAMEC

(Street)

CLAYTON MO 63105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ENTERPRISE FINANCIAL SERVICES CORP [ EFSC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/10/2026		M		1,964	A	$0	59,140	D
Common Stock	02/10/2026		F		854(1)	D	$59.22	58,286	D
Common Stock	02/10/2026		A(2)		3,221	A	$0	61,507	D
Common Stock	02/10/2026		F		1,473(1)	D	$59.22	60,034	D
Common Stock	02/10/2026		A(2)		2,592	A	$0	62,626	D
Common Stock	02/10/2026		F		1,127	D	$59.22	61,499	D
Common Stock								1,683	I	401(k) Plan(3)
Depository Shares(4)								2,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non Qualified Stock Option (Right to Buy)	$43.81							02/06/2024	02/25/2031	Common Stock	9,042		9,042	D
Non Qualified Stock Option (Right to Buy)	$48.34							02/03/2025	02/24/2032	Common Stock	9,934		9,934	D
Non Qualified Stock Option (Right to Buy)	$54.46							02/10/2026	02/28/2033	Common Stock	9,610		9,610	D
Non Qualified Stock Option (Right to Buy)	$39.5							(5)	02/28/2034	Common Stock	15,163		15,163	D
Restricted Share Units	(6)							(7)	(7)	Common Stock	2,897		2,897	D
Restricted Share Units	(6)							(8)	(8)	Common Stock	2,670		2,670	D
Restricted Share Units	(6)							(9)	(9)	Common Stock	9,978		9,978	D
Non Qualified Stock Option (Right to Buy)	$57.17							(10)	03/04/2035	Common Stock	7,984		7,984	D
Restricted Share Units	(6)	02/10/2026		M			1,964	(11)	(11)	Common Stock	1,964	$0	0	D

Explanation of Responses:

1. Withholding of stock to satisfy tax withholding obligation on issuance of common stock.

2. The shares of common stock were awarded pursuant to the Company's 2018 Stock Incentive Plan.

3. 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.

4. 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.

5. This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.

6. 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.

7. The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.

8. The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.

9. 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.

10. The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.

11. The RSU vest 100% in the first quarter of 2026, subject to continued employment by the reporting person.

	/s/ Keene S. Turner	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did EFSC CFO Keene S. Turner report on this Form 4?

Keene S. Turner reported equity compensation activity, not an open-market trade. He exercised 1,964 restricted share units into common stock, received additional stock awards, and had some shares withheld to cover taxes, updating his direct and indirect ownership in Enterprise Financial Services Corp.

How many EFSC shares does the CFO own after these transactions?

After the reported transactions, the CFO directly owns 61,499 shares of EFSC common stock. He also has 1,683 shares held indirectly through the company’s 401(k) plan and 2,000 depository shares, plus multiple unexercised stock options and unvested restricted share units.

Were any EFSC shares sold by the CFO on the open market?

The filing shows no discretionary open-market sale. Shares labeled with transaction code F, totaling 854, 1,473 and 1,127, were withheld at $59.22 per share solely to satisfy tax withholding obligations on stock issuance, rather than being sold as a regular market transaction.

What new EFSC stock awards did the CFO receive on 02/10/2026?

On 02/10/2026, the CFO received two new common stock awards of 3,221 and 2,592 shares at $0 per share. These were granted under Enterprise Financial Services Corp’s 2018 Stock Incentive Plan and increase his equity-based compensation tied to the company’s performance and continued employment.

What equity incentives in EFSC does the CFO still hold after this filing?

The CFO continues to hold several nonqualified stock options and restricted share units. These cover thousands of shares of common stock with exercise prices such as $43.81, $48.34, $54.46, $39.5 and $57.17, and vesting or exercisability scheduled between 2027 and 2035, subject to continued employment.

How are EFSC shares held through the 401(k) plan reported for the CFO?

The filing reports 1,683 EFSC common shares held indirectly through a unitized stock fund in the company’s 401(k) plan. This fund combines cash and company stock, so the precise share amount can vary over time as the fund’s mix of cash and stock changes.