BAUCHE DOUGLAS 4

What Happened
Douglas Bauche, Senior Executive Vice President and Chief Banking Officer of Enterprise Financial Services Corp (EFSC), was granted 1,845 derivative securities on March 4, 2026. The award was reported as an "A" (award/acquisition) at an acquisition price of $0.00 (i.e., an RSU-style award), so no cash exchanged at grant.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed within the typical two-business-day Form 4 window).
• Security: 1,845 restricted stock units (derivative award) reported at $0.00.
• Shares owned after transaction: Not specified in the provided excerpt (see the full filing for total holdings).
• Notable footnotes from the filing:
  • F4: The RSUs were granted under the Company's 2018 Stock Incentive Plan; each RSU represents the right to receive one share of common stock.
  • F5: These RSUs vest 100% in the first quarter of 2027, subject to continued employment.
• Transaction type: Award (compensation), not an open-market purchase or sale.

Context
RSUs are a form of equity compensation that convert into shares (or cash equivalent) upon vesting; they do not represent immediately tradable shares and do not require cash outlay at grant. Because vesting is conditioned on continued employment, these awards are routine compensation rather than a direct buy or sell that signals immediate insider buying or selling. For full holdings, vesting mechanics, or additional footnotes (e.g., other awards or 401(k) unit details included in the filing), consult the complete Form 4 (Accession 0001025835-26-000064).