National Bank Holdings Corp (NBHC) CEO exercises 63,725 options and withholds 55,460 shares
Rhea-AI Filing Summary
National Bank Holdings Corp director and chief executive officer Timothy G. Laney reported several option-related transactions on August 11, 2026. He exercised employee stock options covering 63,725 shares of common stock at exercise prices of $34.0400 and $32.6500 per share, receiving the same number of common shares. In related transactions, a total of 55,460 shares of common stock were delivered or withheld at $43.1900 per share for payment of exercise price or tax liability. Footnotes note time-vested option awards, shares held in constructive trust under a divorce decree, restricted stock holdings, and a transfer of shares to the reporting person’s spouse pursuant to qualified domestic relations orders.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,265 shares
Net Buy
6 txns
Insider
LANEY G. TIMOTHY
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F4 | 26,683 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F5 | 37,042 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 26,683 | $34.04 | $908K |
| Exercise | Common Stock F1, F2 | 37,042 | $32.65 | $1.21M |
| Exercise Price or Tax Liability | Common Stock F2 | 23,503 | $43.19 | $1.02M |
| Exercise Price or Tax Liability | Common Stock F2, F3 | 31,957 | $43.19 | $1.38M |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 691,590 shares (Direct)
Footnotes (5)
- F1. Includes 31,863 options that were held in constructive trust pursuant to a divorce decree and accompanying qualified domestic relations orders
- F2. Includes 431,418 shares of restricted common stock.
- F3. Includes a reduction of 4,133 shares that were transferred to the reporting person's spouse pursuant to a divorce decree and accompanying qualified domestic relations order.
- F4. Time-vested stock option award. The award vested in three equal annual installments, the first of which occurred on April 28, 2018.
- F5. Time-vested stock option award. The award vested in three equal annual installments, the first of which occurred on April 28, 2019.
Key Figures
Options exercised: 63,725 shares
Exercise price 1: $34.0400 per share
Exercise price 2: $32.6500 per share
+4 more
7 metrics
Options exercised
63,725 shares
Total underlying common shares from option exercises on August 11, 2026
Exercise price 1
$34.0400 per share
Conversion or exercise price for 26,683 options into common stock
Exercise price 2
$32.6500 per share
Conversion or exercise price for 37,042 options into common stock
Shares delivered/withheld
55,460 shares
Total common shares delivered or withheld for exercise price or tax liability
Delivery/withholding price
$43.1900 per share
Per-share value for shares delivered or withheld to cover obligations
Restricted common stock
431,418 shares
Restricted common stock referenced in footnote F2
Shares transferred to spouse
4,133 shares
Reduction due to transfer under qualified domestic relations order
Key Terms
Employee Stock Option (Right to Buy), constructive trust, qualified domestic relations orders, time-vested stock option award
4 terms
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
constructive trust financial
"Includes 31,863 options that were held in constructive trust"
A constructive trust is a court-imposed rule that treats property or funds held by one party as if they were being held for the benefit of the true owner, when keeping them would be unfair. Think of it like a judge telling someone who took or wrongly kept your money to hold it as a caretaker rather than as their own; for investors, this can restore ownership, block a wrongful sale, or create a claim on assets that affects valuations and control of a company.
qualified domestic relations orders financial
"pursuant to a divorce decree and accompanying qualified domestic relations orders"
time-vested stock option award financial
"Time-vested stock option award. The award vested in three equal annual installments"
FAQ
What did NBHC CEO Timothy G. Laney report in this Form 4?
Timothy G. Laney reported exercising stock options for 63,725 common shares and related dispositions of 55,460 shares delivered or withheld to pay exercise price or tax liability, all dated August 11, 2026.
How many National Bank Holdings (NBHC) options did the CEO exercise and at what prices?
He exercised employee stock options for 63,725 shares of NBHC common stock at exercise prices of $34.0400 and $32.6500 per share, converting derivative positions into common shares.
Were the NBHC transactions by Timothy G. Laney under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not marked as a plan (aff_10b5_one is false), and no footnote indicates that these transactions were executed under a pre-arranged trading plan.
What type of awards were the NBHC options exercised by Timothy G. Laney?
The options exercised were time-vested stock option awards that vested in three equal annual installments, beginning on April 28, 2018 and April 28, 2019, respectively, according to the transaction footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
