Haines Douglas A 4
Research Summary
AI-generated summary
Bank7 (BSVN) Reg. Pres. Douglas Haines Withholds 804 Shares for Taxes
What Happened
- Douglas A. Haines, Regional President of Western Oklahoma & Kansas for Bank7 Corp. (BSVN), had 804 shares withheld to satisfy tax obligations tied to equity vesting. The withholding occurred at a per-share value of $43.92, totaling approximately $35,312. This transaction is a routine tax-withholding (disposition) rather than an active market sale or purchase.
Key Details
- Transaction date and price: Feb 15, 2026 — 804 shares withheld at $43.92 per share (total ≈ $35,312).
- Transaction code: F (payment of exercise price or tax liability / tax withholding).
- Filing date: Feb 18, 2026 — filed within the standard two business-day window (timely).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes (notable):
- F1: Includes 1,500 restricted stock units from a 2,000-RSU grant vesting in four equal installments on Feb 15, 2026–2029.
- F2: Includes 1,250 restricted stock units from a 5,000-RSU grant vesting in four equal installments on Feb 15, 2024–2027.
- F3: Includes 1,750 restricted stock units from a 3,500-RSU grant vesting in four equal installments on Feb 15, 2025–2028.
Context
- This was a tax-withholding event tied to restricted stock unit (RSU) vesting — the company withheld shares to cover the insider’s tax liability. Such withholdings are routine and generally do not signal a change in the insider’s view of the company’s prospects.
- Transaction code F denotes payment of tax liability via share withholding rather than an outright timed sale or purchase.