Litchfield Henry 4
Research Summary
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Bank7 (BSVN) VP/General Counsel Henry Litchfield Sells 821 Shares
What Happened Henry Litchfield, Vice President and General Counsel of Bank7 Corp. (BSVN), disposed of 821 shares on February 15, 2026 at $43.92 per share, for total proceeds of approximately $36,058. The Form 4 records the transaction as code F (payment of exercise price or tax liability), indicating the shares were surrendered or sold to cover taxes related to equity compensation rather than a voluntary open-market sell for investment purposes.
Key Details
- Transaction date: 2026-02-15; Price: $43.92; Shares disposed: 821; Total value: ~$36,058.
- Filing date / Accession: Form filed 2026-02-18 (Accession 0001746129-26-000015). No late-filing flag indicated in the provided report.
- Shares owned after the transaction: Not specified in the provided filing summary.
- Notable footnotes (equity grant/vesting info included in the filing):
- F1: Includes 1,250 RSUs from an original 5,000-RSU grant vesting in four equal installments on Feb 15, 2024–2027.
- F2: Includes 1,750 RSUs from an original 3,500-RSU grant vesting in installments on Feb 15, 2025–2028.
- F3: Includes 1,500 RSUs from an original 2,000-RSU grant vesting in installments on Feb 15, 2026–2029.
Context Transaction code F indicates this was a payment of tax liability (often done by withholding or surrendering shares when RSUs vest). Such disposals are routine administrative actions to cover taxes and do not necessarily reflect the insider’s view of the company’s stock.