NBHC CFO files Form 4: 138 shares withheld; holds 13,061

National Bank Holdings Corp (NBHC) reported an insider transaction by its Chief Financial Officer.

Accepted by SEC EDGAR 10/03/2025 - 04:55 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

National Bank Holdings Corp (NBHC) reported an insider transaction by its Chief Financial Officer. On 10/01/2025, 138 shares of common stock were withheld under code F at $38.4 to cover taxes upon the vesting of a previously granted restricted stock award. Following the transaction, the reporting person directly owned 13,061 shares. This total includes 105 shares acquired under the company’s Employee Stock Purchase Plan on August 29, 2025.

Insider Trade Summary

Exercise Price or Tax Liability: 138 shares

Exercise Price or Tax Liability 1 txn

Insider Van Denabeele Nicole

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	138	$38.40	$5K

Holdings After Transaction: Common Stock — 13,061 shares (Direct)

Holdings Before and After: Common Stock, 13,199 to 13,061 shares (Direct)

Footnotes (2)

1. F1. Represents shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted to the reporting person on 11/05/2024, which was previously reported in Table I of reporting person's Form 4 filed on 11/07/2024, as amended on Form 4/A filed on November 8, 2024.
2. F2. Includes 105 shares acquired under the National Bank Holdings Corporation Employee Stock Purchase Plan on August 29, 2025 in a transaction exempt under Rule 16b-3.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NBHC's CFO report on Form 4?

A tax withholding of 138 shares upon RSU vesting on 10/01/2025, reported under transaction code F at $38.4.

How many NBHC shares does the reporting person hold after the transaction?

Direct ownership is 13,061 shares following the reported transaction.

What does transaction code F indicate on this Form 4 for NBHC (NBHC)?

Code F indicates shares were withheld to satisfy tax liabilities related to an equity award vesting.

Were any shares acquired through NBHC’s ESPP mentioned?

Yes, the holdings include 105 shares acquired under the ESPP on August 29, 2025.

What was the price associated with the withheld NBHC shares?

The reported price for the withheld shares was $38.4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Van Denabeele Nicole

(Last) (First) (Middle)

7800 EAST ORCHARD ROAD

SUITE 300

(Street)

GREENWOOD VILLAGE CO 80111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
National Bank Holdings Corp [ NBHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		F		138(1)	D	$38.4	13,061(2)	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. Represents shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted to the reporting person on 11/05/2024, which was previously reported in Table I of reporting person's Form 4 filed on 11/07/2024, as amended on Form 4/A filed on November 8, 2024.

2. Includes 105 shares acquired under the National Bank Holdings Corporation Employee Stock Purchase Plan on August 29, 2025 in a transaction exempt under Rule 16b-3.

	/s/ Nicole Van Denabeele	10/03/2025
	** 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.