Keesling Rebecca D 4

What Happened

• Rebecca D. Keesling, EVP and Chief Auditor of BOK Financial Corp (BOKF), received restricted stock and converted derivative awards, and had 751 shares disposed to satisfy tax withholding. The filing shows:
  • 2026-02-17: Award of 1,443 shares (code A) at $0.00 — restricted stock award.
  • 2026-02-18: Exercise/conversion of derivative (code M) for 623 shares at $0.00 — shares acquired on exercise/conversion.
  • 2026-02-18: Payment of tax liability (code F) — 751 shares disposed at $133.56 per share for proceeds of $100,304.

Key Details

• Transaction dates and prices: 2/17/2026 (award, $0), 2/18/2026 (exercise/conversion, $0), 2/18/2026 (tax withholding sale, $133.56 per share, $100,304 total).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: The awarded restricted stock vests Jan 16, 2029 and may be forfeited for termination prior to vesting or if EPS-based performance targets aren’t met.
  • F2: Some shares reflect upward restricted stock adjustments tied to 2023 performance goals under the Executive Incentive Plan.
  • F3: The reported ownership includes 9.522 shares acquired earlier via the company’s dividend reinvestment plan (previously unreported).
• Filing timeliness: not indicated in the provided information.

Context

• The 623-share code M entry indicates conversion/exercise of a derivative (e.g., RSU/other award) rather than an open-market purchase. The 751-share disposition (code F) is a tax withholding/cashless-type action to cover tax liability from the award/exercise, a common administrative transaction and not an open-market sale signaling a change in view.
• For retail investors: purchases/acquisitions (awards/exercises) show insider receiving company stock; the sale here is a withholding to cover taxes and should be interpreted differently than an intentional market sale.