Enterprise Financial (EFSC) Director Stephen Marsh Receives Award

What Happened
Stephen P. Marsh, an Independent Director of Enterprise Financial Services Corp (EFSC), received an award of 1,057 shares on 2026-08-14. The shares were reported at $0.00 per share (total reported value $0) as a grant under the company's Non-Management Director Stock Plan. This was a director compensation award (not an open-market purchase or sale).

Key Details

• Transaction date and type: 2026-08-14 — Grant/Award (Code A) of 1,057 shares at $0.00.
• Filing date: 2026-08-18 (filed within the normal two-business-day window following an 8/14 transaction).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes from the filing:
  • F1: Shares issued under the Non-Management Director Stock Plan.
  • F2: Each phantom share equals the right to receive one common share upon distribution from the plan’s deferred compensation account.
  • F3: Shares will be distributed following termination of the reporting person’s service as an Independent Director.
• Implication: This is deferred/awarded compensation (phantom shares), not an immediate buy or sale.

Context
Phantom shares are deferred compensation that give the holder the right to receive actual shares (or their cash value) later, typically after leaving service; they are not immediately tradable and generally reflect routine board pay rather than an immediate trading signal. This filing is informational and does not indicate an open-market purchase or sale by the director.