Esquire Financial (ESQ) President Michael O'Rourke Exercises 5,953 Options

What Happened

• Michael G. O'Rourke (President, Chicago Bank Division; Director) exercised stock options on 2026-09-14. He acquired 5,953 shares by exercising options at an exercise price of $19.57 per share, for a cash outlay of $116,500. The Form 4 also shows the corresponding derivative instrument was converted/disposed (transaction code M).

Key Details

• Transaction date: 2026-09-14; filing date: 2026-09-15 (filed the next day).
• Exercise details: 5,953 shares acquired at $19.57 each; total paid $116,500.
• Derivative entry: matching disposition of 5,953 option units at $0.00 (reflects conversion/exercise of the options).
• Shares owned after the transaction: not specified in the provided summary.
• Footnotes in the filing: F1 — some stock options are fully vested; F2 — some stock options vest in five equal annual installments commencing May 26, 2027.

Context

• This was an option exercise (transaction code M), not a sale — O'Rourke paid cash to exercise options and acquired shares. The filing does not report an immediate sale of the acquired shares (i.e., not a cashless exercise reported). Purchases or exercises are often viewed as more informative than sales, but this summary is strictly factual and does not speculate on intent.