National Bank Holdings (NBHC) director details merger stock and new grants
Rhea-AI Filing Summary
National Bank Holdings Corp director Kirk McLaughlin reported multiple stock acquisitions. On January 7, 2026, he received 3,530 shares of common stock acquired under a merger in which Vista Bancshares merged into National Bank Holdings. Each share of Vista common stock was converted into the right to receive 3.1161 shares of National Bank Holdings class A common stock plus $31.62 in cash per Vista share, plus cash in lieu of fractional shares.
On the same date, he was granted an additional 978 shares of restricted common stock under the National Bank Holdings Corporation 2023 Omnibus Incentive Plan, which will vest the day before the company’s 2026 annual meeting of shareholders. Indirectly, entities associated with him acquired 377,982 shares through the Gene Mc Laughlin Estate Trust, 205,204 shares through Kirk McLaughlin Enterprises LTD, and 14,645 shares pursuant to a power of attorney held by Ramona McLaughlin. The restricted stock grant was in consideration for services rather than cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,530 | $0.00 | -- |
| Grant/Award | Common Stock | 978 | $0.00 | -- |
| Grant/Award | Common Stock | 377,982 | $0.00 | -- |
| Grant/Award | Common Stock | 205,204 | $0.00 | -- |
| Grant/Award | Common Stock | 14,645 | $0.00 | -- |
Footnotes (1)
- Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") dated as of September 15, 2025, by and between Issuer, Vista Bancshares, Inc., a Texas corporation ("Vista"), and Bryan Wick, solely in his capacity as the shareholders' representative. Pursuant to the Merger Agreement, at the effective time of the merger, Vista merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $1.00 per share, of Vista ("Vista Common Stock") outstanding immediately prior to the effective time of the merger, other than certain excluded shares, was converted into the right to receive 3.1161 shares of class A common stock, par value $0.01, of Issuer ("Issuer Common Stock") per share of Vista Common Stock surrendered, $31.62 in cash for each share of Vista Common Stock surrendered and cash in lieu of fractional shares, if any. These shares represent an award of restricted common stock of Issuer awarded under the National Bank Holdings Corporation 2023 Omnibus Incentive Plan that will vest on the day before the Issuer's 2026 Annual Meeting of Shareholders. This transaction represents a grant of restricted stock by the Issuer. Therefore, no consideration other than the value of services rendered was paid. Includes 978 shares of restricted common stock.
FAQ
What insider activity did NBHC director Kirk McLaughlin report on this Form 4?
Director Kirk McLaughlin reported the acquisition of multiple blocks of National Bank Holdings Corp common stock on January 7, 2026, including shares received in a merger and a grant of restricted stock, as well as additional shares held through related entities.
What are the terms of the NBHC restricted stock granted to Kirk McLaughlin?
He received an award of 978 shares of restricted common stock under the National Bank Holdings Corporation 2023 Omnibus Incentive Plan. These shares will vest on the day before the company’s 2026 Annual Meeting of Shareholders, and the grant was made in consideration for services rendered, not for cash.
Did Kirk McLaughlin pay cash for the NBHC restricted stock reported on this Form 4?
No cash payment is described for the restricted stock. The footnotes state that the restricted stock grant was made by National Bank Holdings and that no consideration other than the value of services rendered was paid.