Enterprise Financial Services Insider Doubles Stake with $81k Purchase

Rhea-AI Filing Summary

Enterprise Financial Services Corp. (EFSC) – Insider Buy

Form 4 dated 08/06/2025 discloses that Director Michael E. Finn bought 1,500 EFSC common shares on 08/04/2025 at $54.11, a cash outlay of roughly $81,000. The open-market purchase doubles his direct ownership—held jointly with his spouse—from 1,500 to 3,000 shares. No sales, derivative positions, or additional reporting persons were listed.

Positive

• Insider confidence: Director Michael E. Finn doubled his stake by purchasing 1,500 EFSC shares at $54.11, a roughly $81k investment.

Negative

• None.

Insights

Securities Analyst

TL;DR: Director’s open-market buy is modest but signals confidence; net insider flow positive.

Insider purchases generally align interests with shareholders. While $81k is not a large dollar amount relative to EFSC’s market cap, doubling the director’s stake to 3,000 shares eliminates perception of token ownership and may be interpreted as a vote of confidence ahead of future catalysts. No offsetting sales or derivative hedges appear, reinforcing the bullish signal. Overall market impact is likely small given the transaction size but directionally positive.

Corporate Governance Expert

TL;DR: Clean Form 4 with straightforward purchase; governance risk unchanged.

The filing conforms to Section 16(a) requirements, is timely (two business days), and includes a clarifying footnote that shares are held jointly with spouse, maintaining transparency around beneficial ownership. Absence of a 10b5-1 plan suggests discretionary buying rather than pre-programmed trades, which can be viewed favorably by investors monitoring insider sentiment.

Insider Trade Summary

Net Buyer: 1,500 shares ($81,165)

Net Buy 2 txns

Insider Finn Michael E

Role Director

Bought 1,500 shs ($81K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,500	$54.11	$81K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,000 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Finn Michael E

(Last) (First) (Middle)

150 N MERAMEC

(Street)

CLAYTON 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

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	08/04/2025		P		1,500	A	$54.11	3,000	D(1)
Common Stock								1,361	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

Explanation of Responses:

1. These shares are held jointly with spouse.

	/s/ Michael E Finn	08/06/2025
	** 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).
** 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

How many EFSC shares did Director Finn purchase?

1,500 common shares were bought on 08/04/2025.

What price did he pay for the EFSC shares?

The purchase price was $54.11 per share.

What is Director Finn’s total EFSC ownership after the transaction?

He now directly owns 3,000 shares, held jointly with his spouse.

Were any derivative securities involved in this Form 4?

No, no derivative positions were reported.

Was the transaction executed under a Rule 10b5-1 trading plan?

The form does not indicate use of a 10b5-1 plan; it appears discretionary.