EFSC CFO granted 2,888 restricted share units
Enterprise Financial Services Corp executive Keene S. Turner, SEVP and Chief Financial Officer, reported an equity award on Common Stock of the company.
Rhea-AI Filing Summary
Enterprise Financial Services Corp executive Keene S. Turner, SEVP and Chief Financial Officer, reported an equity award on Common Stock of the company. On March 4, 2026, he acquired 2,888 Restricted Share Units (RSUs) at no cash cost in a grant classified as a grant, award, or other acquisition.
The RSUs were granted under the company’s 2018 Stock Incentive Plan, and each RSU represents the right to receive one share of Common Stock, subject to adjustment under the grant agreement. Related footnotes indicate various RSU grants vest on schedules extending into the first quarters of 2027, 2028, and 2029, generally conditioned on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,888 shares
Grant/Award
12 txns
Insider
KEENE S TURNER
Role
SEVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 2,888 | $0.00 | $0.00 |
| 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 | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Depository Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 13,444 contracts for 10,556 underlying shares (Direct);
Non Qualified Stock Option (Right to Buy) — 51,733 contracts (Direct);
Common Stock — 64,319 shares (Direct);
Common Stock — 1,683 shares (Indirect, 401(k) Plan);
Depository Shares — 2,000 shares (Direct)
Footnotes (9)
- F1. 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.
- F2. 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.
- F3. This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
- F4. The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.
- F5. 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.
- F6. The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
- F7. The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.
- F8. 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.
- F9. The RSU's vest 100% in the first quarter of 2029, subject to continued employment by the reporting person.
FAQ
What insider transaction did EFSC executive Keene S. Turner report on this Form 4?
Keene S. Turner reported receiving a grant of 2,888 Restricted Share Units on March 4, 2026. The award is classified as a grant, award, or other acquisition and was received at no cash cost, increasing his RSU holdings in Enterprise Financial Services Corp.
When do the equity awards reported for EFSC’s CFO become exercisable or vest?
Footnotes state certain stock options become exercisable in the first quarter of 2027 and first quarter of 2028. Several RSU awards vest 100% in the first quarters of 2027, 2028, and 2029, or in staged installments, all subject to continued employment.
Under which plan were the new EFSC RSUs for Keene S. Turner granted?
The new Restricted Share Units for Keene S. Turner were granted under Enterprise Financial Services Corp’s 2018 Stock Incentive Plan. According to the filing, each RSU converts into one share of Common Stock upon vesting, as provided in the applicable grant agreement.
Does the EFSC Form 4 show any insider stock sales by Keene S. Turner?
The Form 4 data lists no transactions coded as sales. It shows one acquisition of 2,888 Restricted Share Units and multiple entries updating total holdings in stock options, RSUs, Common Stock, 401(k) holdings, and Depositary Shares associated with preferred stock.
What indirect holdings does EFSC’s CFO report in this Form 4?
Keene S. Turner reports indirect ownership of 1,683 shares of Common Stock through a 401(k) Plan. A footnote explains these interests are represented by units in a unitized stock fund that holds both cash and Enterprise Financial Services Corp common stock in varying amounts.
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