DUMLAO TROY 4
4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Enterprise Financial EVP Troy Dumlao Exercises Options, RSUs Vest
What Happened
- Troy Dumlao, EVP and Chief Accounting Officer of Enterprise Financial Services Corp (EFSC), exercised/converting derivative awards and received restricted stock units (RSUs) on 2026-02-10. 1,432 shares were reported as acquired (361 from exercise/conversion + 593 RSU + 478 RSU).
- To satisfy tax withholding, 708 shares were withheld/disposed (179 + 293 + 236) at a withholding price of $59.22 per share, totaling about $41,927. After withholding, the transactions netted approximately 724 shares retained by the reporting person.
Key Details
- Transaction date: 2026-02-10; filing date: 2026-02-12 (timely).
- Withholding price used: $59.22 per share; tax-withheld value ≈ $41,927.
- Reported acquisitions: 361 (exercise/conversion) + 593 RSU + 478 RSU = 1,432 shares.
- Shares withheld/disposed for taxes: 708 shares (F1). Net shares retained from these transactions ≈ 724. Total beneficial ownership after these transactions is not provided in the excerpt.
- Relevant footnotes: F1 (withholding to satisfy tax obligation); RSUs awarded under the Company’s 2018 Stock Incentive Plan (F2/F6); some RSUs vesting schedule notes include 100% vesting in Q1 2026 (F10) and other scheduled vesting provisions (F7–F9).
- No indication in this filing of a 10b5-1 plan or late filing.
Context
- These entries reflect an option exercise/conversion and the vesting/issuance of RSUs, with shares withheld to cover tax obligations — a common, routine post-vesting/option-exercise procedure (often called a tax-withholding or “share surrender” to cover taxes). This is not an open-market sale for liquidity; it reflects internal settlement of compensation-related tax obligations.
Insider Transaction Report
Form 4
DUMLAO TROY
EVP, Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2026-02-10+361→ 7,898 total - Tax Payment
Common Stock
[F1]2026-02-10$59.22/sh−179$10,600→ 7,719 total - Award
Common Stock
[F2]2026-02-10+593→ 8,312 total - Tax Payment
Common Stock
[F1]2026-02-10$59.22/sh−293$17,351→ 8,019 total - Award
Common Stock
[F2]2026-02-10+478→ 8,497 total - Tax Payment
Common Stock
[F1]2026-02-10$59.22/sh−236$13,976→ 8,261 total - Exercise/Conversion
Restricted Share Units
[F6][F10]2026-02-10−361→ 0 total→ Common Stock (361 underlying)
Holdings
- 400
Depository Shares
[F3] - 1,058
Non Qualified Stock Option (Right to Buy)
Exercise: $43.81From: 2024-02-06Exp: 2031-02-25→ Common Stock (1,058 underlying) - 1,266
Non Qualified Stock Option (Right to Buy)
Exercise: $48.34From: 2025-02-03Exp: 2032-02-24→ Common Stock (1,266 underlying) - 1,769
Non Qualified Stock Option (Right to Buy)
Exercise: $54.46From: 2026-02-10Exp: 2033-02-28→ Common Stock (1,769 underlying) - 2,722
Non Qualified Stock Option (Right to Buy)
[F4]Exercise: $39.50Exp: 2034-02-28→ Common Stock (2,722 underlying) - 1,919
Non Qualified Stock Option (Right to Buy)
[F5]Exercise: $57.17Exp: 2035-03-04→ Common Stock (1,919 underlying) - 520
Restricted Share Units
[F6][F7]→ Common Stock (520 underlying) - 642
Restricted Share Units
[F6][F8]→ Common Stock (642 underlying) - 380
Restricted Share Units
[F6][F9]→ Common Stock (380 underlying)
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]Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.00% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. Depositary Shares were purchased in an underwritten public offering.
- [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 at a rate of 33% annually over three years, subject to continued employment of the reporting person. Vesting occurs on the anniversary date of the grant each year, with final vest occurring on April 14, 2026. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
Signature
/s/ Troy Dumlao|2026-02-12