Grauer Scott 4

What Happened Scott Grauer, EVP, Wealth Management at BOK Financial (BOKF), received an award of 8,190 shares on Feb 17, 2026 (grant/award). On Feb 18, 2026 he exercised or converted a derivative to acquire 3,100 shares. Also on Feb 18, 2026 Grauer surrendered 3,562 shares to cover exercise/tax obligations (code F) at $133.56 per share, for a total disposition of $475,741. The award and exercise were recorded at $0 acquisition price in the filing.

Key Details

• Transactions and codes: 2026-02-17 Award (A) 8,190 shares @ $0; 2026-02-18 Exercise/Conversion (M) 3,100 shares @ $0; 2026-02-18 Tax/exercise withholding (F) 3,562 shares @ $133.56 (Disposed) = $475,741.
• Shares owned after transaction: Not specified in the excerpt provided in this summary.
• Footnotes of note:
  • F1: The 8,190 restricted shares vest Jan 16, 2029 and are subject to forfeiture for termination prior to vesting or if certain EPS performance targets are not met.
  • F3: Some shares reflect unrestricted adjustments tied to attainment of 2023 performance goals.
  • F2: Previously transferred 24,704 shares to a revocable trust (exempt under Rule 16a-13).
  • F4: Includes 7.4788 shares acquired via the company 401(k) plan since last report.
• Filing timeliness: The filing date (Feb 19, 2026) follows the reported transactions (Feb 17–18); no late filing flag was indicated in the provided data.

Context

• This sequence shows a typical combination of equity award + derivative exercise with shares surrendered to satisfy tax or exercise obligations (code F). The surrender to cover taxes is routine and does not by itself indicate a broader sell decision.
• For retail investors tracking insider activity, purchases/acquisitions are generally more informative as a bullish signal; here the net change in beneficial ownership cannot be determined from the provided excerpt.