BAUCHE DOUGLAS 4

4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Feb 12, 2026

AI-generated summary of this filing

Updated Feb 12, 2026

Enterprise Financial (EFSC) SEVP Douglas Exercises Options, Withholds Shares

What Happened

Douglas Bauche, SEVP & Chief Banking Officer of Enterprise Financial Services Corp (EFSC), had equity convert/vest on Feb 10, 2026: a total of 4,131 shares were acquired through option conversion and awards/RSU grants. To satisfy tax withholding, 1,914 shares were surrendered at $59.22 per share, resulting in $113,347 paid for taxes. This was an exercise/award event (not an open‑market purchase).

Key Details

Transaction date: 2026-02-10
Shares acquired: 4,131 total (1,043 from derivative exercise/conversion + 1,711 and 1,377 from grants/awards)
Shares withheld/surrendered for taxes: 1,914 shares at $59.22 = $113,347 (three withholding entries of 460, 845 and 609 shares)
Reported values: withholding proceeds shown as $27,241; $50,041; $36,065 (sum = $113,347)
Relevant footnotes: F1 (share withholding to satisfy tax obligations); F2/F6 (awards granted under the 2018 Stock Incentive Plan / RSU mechanics); F10/F9 (vesting schedule notes indicating timing/conditions)
Shares owned after the transaction: not stated in the provided excerpt
Filing timeliness: filing date 2026-02-12 for transactions on 2026-02-10; no late-filing flag indicated in the provided data

Context

This was an option/award conversion event with shares withheld to cover tax obligations — a routine, non‑open‑market transaction (commonly referred to as a cashless withholding to satisfy taxes). Such withholding is administrative and does not necessarily indicate a buying or selling decision by the insider.

Form 4

Period: 2026-02-10

SEVP, Chief Banking Officer

Transactions

Exercise/Conversion
Common Stock
2026-02-10+1,043→ 25,387 total
Tax Payment
Common Stock
[F1]
2026-02-10$59.22/sh−460$27,241→ 24,927 total
Award
Common Stock
[F2]
2026-02-10+1,711→ 26,638 total
Tax Payment
Common Stock
[F1]
2026-02-10$59.22/sh−845$50,041→ 25,793 total
Award
Common Stock
[F2]
2026-02-10+1,377→ 27,170 total
Tax Payment
Common Stock
[F1]
2026-02-10$59.22/sh−609$36,065→ 26,561 total
Exercise/Conversion
Restricted Share Units
[F6][F10]
2026-02-10−1,043→ 0 total
→ Common Stock (1,043 underlying)

Holdings

Common Stock
[F3]
(indirect: By 401(k))
3,282
Non Qualified Stock Option (Right to Buy)
Exercise: $43.81From: 2024-02-06Exp: 2031-02-25→ Common Stock (4,730 underlying)
4,730
Non Qualified Stock Option (Right to Buy)
Exercise: $48.34From: 2025-02-03Exp: 2032-02-24→ Common Stock (5,081 underlying)
5,081
Non Qualified Stock Option (Right to Buy)
Exercise: $54.46From: 2026-02-10Exp: 2033-02-28→ Common Stock (5,105 underlying)
5,105
Non Qualified Stock Option (Right to Buy)
[F4]
Exercise: $39.50Exp: 2034-02-28→ Common Stock (7,786 underlying)
7,786
Non Qualified Stock Option (Right to Buy)
[F5]
Exercise: $57.17Exp: 2035-03-04→ Common Stock (4,100 underlying)
4,100
Restricted Share Units
[F6][F7]
→ Common Stock (1,487 underlying)
1,487
Restricted Share Units
[F6][F8]
→ Common Stock (1,371 underlying)
1,371
Restricted Share Units
[F6][F9]
→ Common Stock (6,652 underlying)
6,652

Footnotes (10)

[F1]Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
[F10]The RSU vest 100% in the first quarter of 2026, subject to continued employment by the reporting person.
[F2]The shares of common stock were awarded pursuant to the Company's 2018 Stock Incentive Plan.
[F3]These securities are represented by units held in a unitized stock fund through the Company's 401(k) Plan. The unitized stock fund consists of cash and common stock in amounts that vary from time to time.
[F4]This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
[F5]The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.
[F6]The RSU's were granted pursuant to the Company's 2018 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
[F7]The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
[F8]The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.
[F9]The RSUs vest over six years in one-third installments on each of February 24, 2024, February 24, 2026, and February 24, 2028. Vesting is subject to continued employment of the reporting person. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.

Signature

/s/ Douglas Bauche|2026-02-12

1 file