KEENE S TURNER 4
4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
EFSC CFO Keene Turner Receives 2,888 401(k) Stock Fund Units
What Happened
Keene S. Turner, Chief Financial Officer of Enterprise Financial Services Corp (EFSC), acquired 2,888 shares/units on March 4, 2026. The filing reports these as an award/grant or other acquisition (code A) at a reported price of $0.00 (total value $0 in the filing). The securities are reported as derivative interests rather than a straight open-market stock purchase.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed two days after the transaction).
- Transaction type/code: Grant/award or other acquisition (A).
- Amount acquired: 2,888 shares/units; reported price: $0.00; reported value: $0.
- Shares owned after transaction: Not disclosed in the excerpt of this filing.
- Relevant footnote: F1 — these securities are units held in a unitized stock fund through the Company’s 401(k) Plan; the fund consists of cash and common stock in amounts that vary over time.
Context
This filing reflects an allocation into the company’s 401(k) unitized stock fund (derivative interest), not a cash market buy or sale. Such plan-related acquisitions are common and generally reflect retirement-plan activity rather than an immediate trading view by the insider.
Insider Transaction Report
- Award
Restricted Share Units
[F5][F9]2026-03-04+2,888→ 2,888 total→ Common Stock (2,888 underlying)
- 64,319
Common Stock
- 1,683(indirect: By 401(k))
Common Stock
[F1] - 2,000
Depository Shares
[F2] - 9,042
Non Qualified Stock Option (Right to Buy)
Exercise: $43.81From: 2024-02-06Exp: 2031-02-25→ Common Stock (9,042 underlying) - 9,934
Non Qualified Stock Option (Right to Buy)
Exercise: $48.34From: 2025-02-03Exp: 2032-02-24→ Common Stock (9,934 underlying) - 9,610
Non Qualified Stock Option (Right to Buy)
Exercise: $54.46From: 2026-02-10Exp: 2033-02-28→ Common Stock (9,610 underlying) - 15,163
Non Qualified Stock Option (Right to Buy)
[F3]Exercise: $39.50Exp: 2034-02-28→ Common Stock (15,163 underlying) - 7,984
Non Qualified Stock Option (Right to Buy)
[F4]Exercise: $57.17Exp: 2035-03-04→ Common Stock (7,984 underlying) - 2,897
Restricted Share Units
[F5][F6]→ Common Stock (2,897 underlying) - 2,670
Restricted Share Units
[F5][F7]→ Common Stock (2,670 underlying) - 4,989
Restricted Share Units
[F5][F8]→ Common Stock (4,989 underlying)
Footnotes (9)
- [F1]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.
- [F2]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.
- [F3]This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
- [F4]The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.
- [F5]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.
- [F6]The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
- [F7]The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.
- [F8]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.
- [F9]The RSU's vest 100% in the first quarter of 2029, subject to continued employment by the reporting person.