IANNACONE NICOLE M 4
4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
EFSC SEVP & Chief Legal Officer Nicole Iannacone Receives Award
What Happened
Nicole M. Iannacone, Senior Executive Vice President and Chief Legal Officer of Enterprise Financial Services Corp. (EFSC), received a derivative award of 1,471 shares (reported as 1,471 RSUs) on March 4, 2026. The grant price is reported as $0.00 (typical for restricted stock unit awards), so there was no cash paid by the insider at grant. This is an equity award (compensation/retention), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (appears timely).
- Transaction type/code: Award/Grant (A); amount: 1,471 derivative shares; reported price: $0.00.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes: F3 indicates the RSUs were granted under the Company’s 2018 Stock Incentive Plan and each RSU generally converts to one share at vesting. Other footnotes (F4–F7) describe varying vesting schedules (including 100% vesting in certain future first quarters and multi‑year installment vesting); F1–F2 reference options becoming exercisable in early 2027/2028 (not directly tied to this RSU grant). Vesting is subject to continued employment per the grant terms.
Context
RSUs are a common form of executive compensation that give the holder the right to receive shares in the future if vesting conditions are met; no immediate shares or cash typically change hands at grant. Such grants are generally intended for retention and do not by themselves signal insider buying or selling interest in the open market.
Insider Transaction Report
- Award
Restricted Share Units
[F3][F7]2026-03-04+1,471→ 1,471 total→ Common Stock (1,471 underlying)
- 22,855
Common Stock
- 4,521
Non Qualified Stock Option (Right to Buy)
Exercise: $43.81From: 2024-02-06Exp: 2031-02-25→ Common Stock (4,521 underlying) - 4,946
Non Qualified Stock Option (Right to Buy)
Exercise: $48.34From: 2025-02-03Exp: 2032-02-24→ Common Stock (4,946 underlying) - 4,985
Non Qualified Stock Option (Right to Buy)
Exercise: $54.46From: 2026-02-10Exp: 2033-02-28→ Common Stock (4,985 underlying) - 7,551
Non Qualified Stock Option (Right to Buy)
[F1]Exercise: $39.50Exp: 2034-02-28→ Common Stock (7,551 underlying) - 3,976
Non Qualified Stock Option (Right to Buy)
[F2]Exercise: $57.17Exp: 2035-03-04→ Common Stock (3,976 underlying) - 1,443
Restricted Share Units
[F3][F4]→ Common Stock (1,443 underlying) - 1,330
Restricted Share Units
[F3][F5]→ Common Stock (1,330 underlying) - 3,326
Restricted Share Units
[F3][F6]→ Common Stock (3,326 underlying)
Footnotes (7)
- [F1]This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
- [F2]The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.
- [F3]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.
- [F4]The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
- [F5]The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.
- [F6]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.
- [F7]The RSU's vest 100% in the first quarter of 2029, subject to continued employment by the reporting person.