National Bank Holdings (NBHC) director gets 3,153-share award and trust transfer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Bank Holdings Corp director Patrick G. Sobers reported routine equity compensation and related share movements. On May 7, 2026, he received a grant of 3,153 shares of restricted common stock as compensation, with no cash paid other than the value of services.
On May 6, 2026, 580 shares of common stock were withheld at $42.96 per share to cover tax liability upon vesting of a prior restricted stock award. On the same date, 17,199 shares moved from his direct ownership into the Sobers Family Trust, a revocable trust, which the footnotes describe as only changing the form of beneficial ownership.
After these entries, he directly holds 7,893 shares, including the 3,153 unvested restricted shares under the National Bank Holdings Corporation 2023 Omnibus Incentive Plan, and has 17,199 shares held indirectly via the Sobers Family Trust. The new restricted shares will vest in two equal installments, one on the 180th day after grant and one the day before the company’s 2027 annual shareholder meeting, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sobers Patrick G.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,153 | $0.00 | -- |
| Tax Withholding | Common Stock | 580 | $42.96 | $25K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,893 shares (Direct, null);
Common Stock — 17,199 shares (Indirect, Sobers Family Trust)
Footnotes (1)
- Represents shares withheld for payment of tax liability upon vesting of the remainder of the restricted stock award granted to the reporting person on 04/30/2025. Reflects the transfer of 17,199 shares of common stock from direct ownership into the reporting person's revocable trust. As this transaction effects only a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in the shares of common stock, it is exempt from section 16 pursuant to Rule 16a-13. This transaction represents a grant of restricted stock by the Issuer. Therefore, no consideration other than the value of services rendered was paid. Total includes 3,153 unvested shares of restricted stock awarded under the National Bank Holdings Corporation 2023 Omnibus Incentive Plan, as amended and restated May 7, 2026, that will vest in two equal installments on (i) the 180th day following the date of grant and (ii) the day before the registrant's 2027 Annual Meeting of Shareholders, subject to continued service through the date of vesting.
Key Figures
Restricted stock grant: 3,153 shares
Tax-withholding shares: 580 shares
Tax-withholding price: $42.96 per share
+4 more
7 metrics
Restricted stock grant
3,153 shares
Grant of restricted common stock on May 7, 2026
Tax-withholding shares
580 shares
Shares withheld for tax liability on May 6, 2026
Tax-withholding price
$42.96 per share
Value used for 580-share tax withholding disposition
Direct holdings after grant
7,893 shares
Direct ownership including 3,153 unvested restricted shares
Indirect trust holdings
17,199 shares
Shares held via Sobers Family Trust after transfer
Tax-withholding disposition
1 transaction
Code F for payment of tax liability by delivering securities
Vesting schedule
Two equal installments
180th day after grant and day before 2027 shareholder meeting
Key Terms
restricted stock, National Bank Holdings Corporation 2023 Omnibus Incentive Plan, revocable trust, Section 16, +1 more
5 terms
restricted stock financial
"This transaction represents a grant of restricted stock by the Issuer."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
National Bank Holdings Corporation 2023 Omnibus Incentive Plan financial
"Total includes 3,153 unvested shares of restricted stock awarded under the National Bank Holdings Corporation 2023 Omnibus Incentive Plan"
revocable trust financial
"transfer of 17,199 shares of common stock from direct ownership into the reporting person's revocable trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Section 16 regulatory
"it is exempt from section 16 pursuant to Rule 16a-13."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-13 regulatory
"exempt from section 16 pursuant to Rule 16a-13."
FAQ
What insider transactions did NBHC director Patrick G. Sobers report?
Patrick G. Sobers reported a grant of restricted stock, tax-related share withholding, and a transfer of shares into his revocable trust. These entries mainly reflect compensation, tax settlement, and a change in ownership form rather than open-market buying or selling.