Enterprise Financial SVCS Chief Risk Officer Adds 243 EFSC Shares

Rhea-AI Filing Summary

Enterprise Financial Services Corp. (EFSC) – Form 4 insider transaction

On 06/30/2025, SEVP & Chief Risk Officer Bridget Huffman acquired 243 shares of EFSC common stock through the company’s 2018 Employee Stock Purchase Plan. The purchase price was $46.84 per share (85 % of the 06/30/25 close), for an outlay of roughly $11.4 k. Following the transaction, Huffman directly owns 6,042 shares; no shares were sold.

The filing also lists previously granted equity awards: 10,334 non-qualified stock options with exercise prices between $39.50 and $57.17 expiring 2031-2035, and 2,556 restricted share units scheduled to vest 2026-2028. All derivative holdings remain unchanged.

The “J” transaction code confirms the acquisition is exempt under Rule 16b-3(c). While the dollar amount is modest, it adds to cumulative insider buying indicators and may be viewed as a marginally positive confidence signal, but it is not material to EFSC’s capital structure or near-term valuation.

Positive

• Insider purchase: Executive increased direct holdings by 243 shares, a marginal vote of confidence.
• No insider sales were reported, maintaining a net buying trend.

Negative

• Immaterial size: The $11.4 k purchase represents a negligible fraction of both insider holdings and EFSC’s float.

Insights

Securities Analyst

TL;DR: Small ESPP purchase; signals confidence but financially immaterial.

The transaction increases Huffman’s direct holdings by 4.2 % to 6,042 shares, yet represents less than 0.01 % of EFSC’s outstanding stock. No open-market buying occurred; shares were acquired at a 15 % discount under the ESPP, a routine executive benefit. Existing option and RSU schedules are unchanged and already disclosed in prior filings. From a valuation and liquidity standpoint, the event is neutral; however, incremental insider accumulation can support sentiment if repeated across management.

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^*

Huffman Bridget

(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 Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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	06/30/2025		J(1)	V	243	A	$46.84(2)	6,042	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)	$39.5							(3)	02/28/2034	Common Stock	3,791		3,791	D
Non Qualified Stock Option (Right to Buy)	$57.17							(4)	03/04/2035	Common Stock	3,322		3,322	D
Non Qualified Stock Option (Right to Buy)	$43.81							(5)	02/25/2031	Common Stock	816		816	D
Non Qualified Stock Option (Right to Buy)	$48.34							(6)	02/24/2032	Common Stock	737		737	D
Non Qualified Stock Option (Right to Buy)	$54.46							(7)	02/28/2033	Common Stock	1,668		1,668	D
Restricted Share Units	(8)							(9)	(9)	Common Stock	724		724	D
Restricted Share Units	(8)							(10)	(10)	Common Stock	1,111		1,111	D
Restricted Share Units	(8)							(11)	(11)	Common Stock	341		341	D
Restricted Share Units	(8)							(12)	(12)	Common Stock	380		380	D

Explanation of Responses:

1. 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, 2025, through June 30, 2025. This transaction is exempt under Section 16b-3(c).

2. 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 June 30, 2025.

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

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

5. The Options vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 25, 2024

6. The Options vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on February 24, 2025.

7. This option becomes exercisable in the first quarter of 2026, subject to continued employment by the reporting person.

8. 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.

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

10. The RSU's vest 100% 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.

12. The RSUs vest at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on April 14, 2026. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.

	/s/ Bridget Huffman	07/09/2025
	** 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).
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FAQ

How many EFSC shares did Bridget Huffman buy?

She purchased 243 shares on 06/30/2025 via the Employee Stock Purchase Plan.

What was the purchase price per share?

The effective price was $46.84, equal to 85 % of the 06/30/25 closing price.

How many EFSC shares does Huffman now own?

After the transaction, she directly owns 6,042 shares of common stock.

Did the filing report any insider sales?

No. The Form 4 shows only an acquisition; there were no dispositions.

What does transaction code “J” mean on a Form 4?

Code “J” denotes an exempt acquisition under Rule 16b-3(c), often for employee plans like the ESPP.