IANNACONE NICOLE M 4
4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
Enterprise Financial (EFSC) Chief Legal Officer Buys 462 Shares
What Happened
- Nicole M. Iannacone, SEVP and Chief Legal Officer of Enterprise Financial Services Corp. (EFSC), reported an acquisition of 462 shares of the company's common stock on 2026-06-30. The shares were acquired at $45.94 per share for a total of $21,224 under the company's 2018 Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-08 (appears to be more than two business days after the transaction).
- Transaction type/code: Other acquisition (code J) — ESPP purchase.
- Price and value: 462 shares × $45.94 = $21,224 (approx).
- Basis/price mechanics: Per footnote, shares were acquired based on 85% of the closing price on January 2, 2026 (ESPP lookback/discount feature).
- Exemption: Footnote states the ESPP purchase is exempt from short-swing profit liability under Section 16(b)-3(c).
- Shares owned after transaction: Not specified in the filing.
- Additional notes in the filing: The Form 4 also includes footnotes about outstanding option and RSU grants and their future vesting schedules, but those were not part of this reported ESPP purchase.
Context
- This was a routine ESPP purchase (an insider buy under a company plan), which many companies offer to employees and officers; such purchases are generally viewed as standard compensation/benefit activity rather than directional market bets.
- The filing indicates the ESPP discount/lookback determined the purchase price; nothing in the filing indicates an immediate sale of shares.
Insider Transaction Report
Form 4
IANNACONE NICOLE M
SEVP, Chief Legal Officer
Transactions
- Other
Common Stock
[F1][F2]2026-06-30$45.94/sh+462$21,224→ 23,317 total
Holdings
- 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)
[F3]Exercise: $39.50Exp: 2034-02-28→ Common Stock (7,551 underlying) - 3,976
Non Qualified Stock Option (Right to Buy)
[F4]Exercise: $57.17Exp: 2035-03-04→ Common Stock (3,976 underlying) - 1,443
Restricted Share Units
[F5][F6]→ Common Stock (1,443 underlying) - 1,330
Restricted Share Units
[F5][F7]→ Common Stock (1,330 underlying) - 1,471
Restricted Share Units
[F5][F8]→ Common Stock (1,471 underlying) - 3,326
Restricted Share Units
[F5][F9]→ Common Stock (3,326 underlying)
Footnotes (9)
- [F1]The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2018 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of January 1, 2026, through June 30, 2026. This transaction is exempt under Section 16b-3(c).
- [F2]In accordance with the terms of the ESPP, the reported shares were acquired based on 85% of the closing price of the Issuer's common stock on January 2, 2026.
- [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 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.
Signature
/s/ Nicole M. Iannacone|2026-07-08