BAUCHE DOUGLAS 4

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.