DUMLAO TROY 4
4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Enterprise Financial EVP Troy Dumlao Exercises RSUs; 168 Shares Withheld
What Happened Troy Dumlao, EVP and Chief Accounting Officer of Enterprise Financial Services Corp., had 380 restricted stock units (RSUs) vest on April 14, 2026. The RSUs converted to common shares at no cash cost ($0.00 per share). To satisfy tax withholding, 168 of those shares were withheld and disposed at $58.30 each, totaling $9,794. Net shares received by Dumlao from the vesting event were 212 shares (380 granted − 168 withheld).
Key Details
- Transaction date: April 14, 2026.
- Vest/conversion: 380 shares converted from RSUs (reported as derivative exercise, code M) at $0.00.
- Tax withholding: 168 shares withheld/paid (code F) at $58.30 per share = $9,794.
- Net shares received: 212 common shares.
- Shares owned after transaction: not disclosed in this Form 4 filing.
- Relevant footnotes: F1 = withholding of stock to satisfy tax obligations; F9 = RSUs vested with final vest date April 14, 2026.
- Filing timeliness: no late filing indicated in the provided information.
Context This was a standard vesting/tax-withholding event (RSUs converting to common stock), not an open-market purchase or sale for cash. The RSUs converted without a cash exercise price; withholding of shares to cover taxes is routine and does not necessarily indicate a bullish or bearish signal by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-04-14+380→ 8,641 total - Tax Payment
Common Stock
[F1]2026-04-14$58.30/sh−168$9,794→ 8,473 total - Exercise/Conversion
Restricted Share Units
[F5][F9]2026-04-14−380→ 0 total→ Common Stock (380 underlying)
- 400
Depository Shares
[F2] - 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)
[F3]Exercise: $39.50Exp: 2034-02-28→ Common Stock (2,722 underlying) - 1,919
Non Qualified Stock Option (Right to Buy)
[F4]Exercise: $57.17Exp: 2035-03-04→ Common Stock (1,919 underlying) - 520
Restricted Share Units
[F5][F6]→ Common Stock (520 underlying) - 642
Restricted Share Units
[F5][F7]→ Common Stock (642 underlying) - 836
Restricted Share Units
[F5][F8]→ Common Stock (836 underlying)
Footnotes (9)
- [F1]Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
- [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 RSU's vest 100% in the first quarter of 2029, 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.