Welcome to our dedicated page for National Bk Hldgs SEC filings (Ticker: NBHC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
National Bank Holdings Corporation filings document the regulatory record of a Delaware bank holding company with Class A common stock listed on the NYSE under NBHC. The company’s 8-K reports cover operating and financial results, dividend declarations, capital actions, material agreements and securities offerings, including subordinated notes used for general corporate purposes.
Proxy and related governance filings describe board matters, shareholder voting items, executive compensation, equity-based awards and pay-versus-performance disclosures. The filing record also includes capital-structure disclosures for common stock, debt instruments, repurchase activity, bank regulatory capital measures and the holding-company relationship with NBH Bank and Bank of Jackson Hole Trust.
National Bank Holdings Corp president Aldis Birkans reported equity compensation activity. He acquired 2,971 shares of common stock at no cost through settlement of a performance stock unit award originally granted on April 1, 2023. To cover related taxes, 1,296 shares were disposed of through tax withholding at $39.99 per share. Following these transactions, he directly owns 248,922 common shares.
National Bank Holdings Corp reported that CEO Timothy G. Laney acquired 9,075 shares of common stock on settlement of a performance stock unit award originally granted on April 1, 2023. In a related move, 2,651 shares at $39.99 per share were withheld to cover taxes on this award. Following these transactions, Laney directly owned 662,138 shares of National Bank Holdings common stock.
National Bank Holdings Corp’s chief admin officer Angela Nicole Petrucci exercised employee stock options for 675 shares of common stock at an exercise price of $19.56 per share. She then disposed of 448 shares of common stock at $40.19 per share to cover taxes related to the exercise, a tax-withholding transaction rather than an open-market sale. After these moves, she directly holds 19,463 common shares, which the footnotes indicate include shares previously acquired under the company’s employee stock purchase plan.
National Bank Holdings Corporation outlines its business, strategy and recent expansion in its annual report. The company operates over 90 banking centers across seven states, offering commercial, consumer, mortgage, trust and wealth management services, plus a growing digital platform, 2UniFi, for small and mid-sized businesses.
As of December 31, 2025, NBHC reported $9.9 billion in assets, $7.4 billion in loans, $8.3 billion in deposits, $1.4 billion in shareholders’ equity and $1.3 billion of assets under management. In January 2026 it completed the $377.7 million Vista Bancshares acquisition, pushing pro forma assets to about $12.4 billion and expanding its Texas and Florida footprint.
National Bank Holdings Corporation announced leadership and compensation changes tied to its recent acquisition of Vista Bancshares, Inc., which closed on January 7, 2026. The moves are described as strategic enhancements to support long-term growth and integration.
Effective February 13, 2026, former executive officer Chris Randall moved from his role as EVP, Head of Commercial, Specialty & Business Banking to a new position as EVP, SBA Delivery. In connection with this transition, he resigned from the boards of NBH Bank and Bank of Jackson Hole Trust.
Under a new Transition Agreement, Mr. Randall will receive a base salary of $250,000, be eligible for an annual cash incentive targeted at 30% of base salary, and, beginning in 2027, may receive an annual equity award of up to 50% of base salary, subject to Compensation Committee approval. He will also receive a one-time restricted stock grant with a grant date fair value of $25,000, also subject to approval, continues to participate in standard benefit programs, and mutually agreed with the Company to terminate his prior Change of Control Agreement.
National Bank Holdings Corp. president Aldis Birkans reported routine equity transactions involving company stock. On February 11, 2026, he exercised an employee stock option for 3,080 shares of common stock at an exercise price of $19.56 per share.
To satisfy tax obligations related to this option exercise, 2,256 shares of common stock were disposed of at $41.53 per share. After these transactions, Birkans directly beneficially owned 247,247 shares of National Bank Holdings Corp. common stock.
National Bank Holdings Corp executive John Steinmetz reported buying additional company stock. On February 11, 2026, he made an open-market purchase of 24,200 shares of common stock at a weighted average price of $41.41 per share, through multiple trades between $41.26 and $41.60.
After this transaction, Steinmetz directly owns 536,504 common shares, which the disclosure notes includes 107,840 shares of restricted common stock. The filing reflects his role as Executive Managing Director of Strategic Initiatives and shows a continued personal equity position in the company.
National Bank Holdings Corporation completed a public offering of $150 million aggregate principal amount of 5.875% Fixed-to-Floating Rate Subordinated Notes due 2036. The Notes were priced at 100% of principal, generating approximately $147.3 million in net proceeds, which the company intends to use for general corporate purposes.
The Notes bear a fixed rate of 5.875% per annum, payable semi-annually, from issuance to but excluding February 15, 2031, then a floating rate equal to a benchmark rate expected to be Three-Month Term SOFR plus 241 basis points, payable quarterly, until maturity or earlier redemption. The offering size was increased from $100.0 million to $150.0 million in response to strong demand, and the Notes are intended to qualify as Tier 2 capital for regulatory purposes.
Victory Capital Management, Inc. filed an amended Schedule 13G reporting its ownership in National Bank Holdings Corp common stock as of 12/31/2025. The firm beneficially owned 1,593,529 shares, representing 4.21% of the outstanding common stock.
Victory Capital reported sole voting power over 1,583,529 shares and sole dispositive power over 1,593,529 shares, with no shared voting or dispositive power. It certified that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
National Bank Holdings Corporation is issuing $150,000,000 of 5.875% fixed‑to‑floating rate subordinated notes due 2036. The notes pay 5.875% fixed interest until February 15, 2031, then a floating rate equal to Three‑Month Term SOFR plus 241 basis points, with interest paid semi‑annually then quarterly.
The notes are unsecured, rank junior to senior debt and structurally subordinated to subsidiary liabilities, and may be redeemed at par from February 15, 2031 or earlier upon specified tax or regulatory events, subject to Federal Reserve approval. NBHC expects gross proceeds of $150 million, with about $148.1 million before expenses, to be used for general corporate purposes.
NBHC recently completed the acquisition of Vista Bancshares and reported 2025 net income of $109.6 million (or $117.6 million excluding specified items), with total assets of $9.9 billion and shareholders’ equity of $1.4 billion as of December 31, 2025.