Esquire Financial (ESQ) Form 4: Multiple Director Stock Sales Reported

Rhea-AI Filing Summary

Zises Selig, a director of Esquire Financial Holdings, Inc. (ESQ), reported multiple dispositions of Common Stock on 08/22/2025. The Form 4 lists repeated sales (transaction code S) in blocks of 1,500 and 1,000 shares at prices ranging approximately from $99.4494 to $100.00. The entries show these sales were from a profit sharing plan, from shares held by trust, and disposals by the reporting person as trustee and via an LP. The filing records various post-transaction beneficial ownership figures (examples shown include 28,001, 26,501, 86,533, and 25,500). Explanatory notes state several lots include restricted stock vesting in three equal annual installments on specified dates.

Positive

• Timely disclosure of insider transactions in compliance with Section 16
• Detailed breakdown showing nature of indirect ownership (profit sharing plan, trusts, trustee, LP)
• Restricted stock notes clarify vesting schedules for several lots

Negative

• Multiple disposals by a director on 08/22/2025, which may be viewed negatively by some investors
• No acquisitions reported to offset the sales in this filing

Insights

Securities Analyst

TL;DR: Multiple insider sales by a director on a single date, executed from plan and trust holdings at roughly $99.45–$100, indicating portfolio rebalancing rather than new grants.

The Form 4 shows a pattern of repeated small-block dispositions by Zises Selig on 08/22/2025 across accounts described as a profit sharing plan and trusts. The reported prices cluster tightly between $99.45 and $100, suggesting these were market sales executed within a narrow price band. The filing includes post-sale beneficial ownership counts for several lots, signaling the director retains meaningful holdings. Notes reference restricted stock vesting schedules for specific grant lots. From an investor-materiality standpoint, the disclosure documents insider selling activity but does not show acquisitions or derivative exercises.

Corporate Governance Expert

TL;DR: Director complied with Section 16 reporting, disclosing multiple disposals from plan and trust accounts on one date.

The filing demonstrates timely Section 16 disclosure and identifies the nature of indirect ownership (profit sharing plan, trusts, trustee role, LP). The explanatory footnotes clarify that portions of holdings are restricted stock subject to staggered vesting. There is no amendment indicated and the signature shows a power of attorney filing. Governance-wise, the form provides required transparency on insider sales but does not by itself indicate policy breaches or unusual compensation resets.

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

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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^*

ZISES SELIG

(Last) (First) (Middle)

100 JERICHO QUADRANGLE

SUITE 100

(Street)

JERICHO NY 11753

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Esquire Financial Holdings, Inc. [ ESQ ]

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)
08/22/2025

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	08/22/2025		S		1,500	D	$99.54	28,001	I	By profit sharing plan
Common Stock	08/22/2025		S		1,500	D	$99.6382	26,501	I	By profit sharing plan
Common Stock	08/22/2025		S		1,000	D	$99.7571	25,501	I	By profit sharing plan
Common Stock	08/22/2025		S		1,500	D	$99.795	24,001	I	By profit sharing plan
Common Stock	08/22/2025		S		1,500	D	$99.94	22,501	I	By profit sharing plan
Common Stock	08/22/2025		S		1,500	D	$100	21,001	I	By profit sharing plan
Common Stock	08/22/2025		S		1,000	D	$99.4494	86,533	I	By Trust
Common Stock	08/22/2025		S		1,500	D	$99.5265	85,033	I	By Trust
Common Stock	08/22/2025		S		1,500	D	$99.5725	83,533	I	By Trust
Common Stock	08/22/2025		S		1,500	D	$99.6407	82,033	I	By Trust
Common Stock	08/22/2025		S		1,500	D	$99.6665	80,533	I	By Trust
Common Stock	08/22/2025		S		1,500	D	$99.94	79,033	I	By Trust
Common Stock								14,963(1)(2)(3)(4)(5)(6)	D
Common Stock								25,500	I	As trustee for trust
Common Stock								12,600	I	By L.P.

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. Includes shares of restricted stock which vest in three equal annual installments commencing on December 19, 2023.

2. Includes shares of restricted stock which vest in three equal annual installments commencing on December 16, 2024.

3. Includes shares of restricted stock which vest in three equal annual installments commencing on December 9, 2025.

4. Includes shares of restricted stock which vest in three equal annual installments commencing on December 19, 2026.

5. Includes shares of restricted stock which vest in three equal annual installments commencing on December 3, 2027.

6. Includes shares of restricted stock which vest in three equal annual installments commencing on December 15, 2027.

	/s/ Gary A. Lax, pursuant to power of attorney	08/26/2025
	** 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

What insider activity did Zises Selig report for ESQ on 08/22/2025?

The Form 4 reports multiple sales of Common Stock by Zises Selig on 08/22/2025, executed as transaction code S in blocks of 1,500 and 1,000 shares at prices roughly between $99.4494 and $100.00.

Were the sales executed from personal accounts or indirect holdings?

The filing specifies sales occurred from a profit sharing plan, shares held by trust, and disposals made as trustee and via an LP (indirect beneficial ownership).

Does the Form 4 show any options or derivative transactions for ESQ?

No. Table II for derivative securities contains no reported transactions; all listed transactions are non-derivative Common Stock disposals.

Do the disclosures include restricted stock or vesting details?

Yes. The explanation notes that several lots include restricted stock that vest in three equal annual installments with various commencement dates provided in the footnotes.

Who signed the Form 4 filing?

The form is signed by /s/ Gary A. Lax, pursuant to power of attorney with a signature date of 08/26/2025.