DUMLAO TROY 4

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.