Estes Jason E 4
Research Summary
AI-generated summary
Bank7 (BSVN) EVP Jason Estes Surrenders 3,308 Shares for Taxes
What Happened
- Jason E. Estes, Executive Vice President and Chief Credit Officer of Bank7 Corp. (BSVN), had 3,308 shares disposed on 2026-02-15 as a payment of tax liability (transaction code F). The shares were valued at $43.92 each for a total of approximately $145,287. This was a tax-withholding/share surrender related to equity compensation, not a market sale intended to raise cash.
Key Details
- Transaction date and price: 2026-02-15; 3,308 shares at $43.92 each.
- Transaction type: Code F — payment of exercise price or tax liability (share withholding to cover taxes).
- Shares owned after transaction: Not specified in the supplied filing details.
- Filing date: Form 4 filed 2026-02-18 (for the 2026-02-15 transaction) — check the official filing for timeliness or any late-filing notation.
- Notable footnotes from the filing:
- F1: Includes 2,047 restricted stock units vesting in three equal installments on July 29, 2026, 2027, and 2028.
- F2: Includes 30,000 restricted stock units vesting in eight equal installments on July 29 each year 2026–2033.
- F3: Includes 4,035 restricted stock units (original grant 6,052 RSUs vesting in three equal installments on Feb 15, 2026, 2027, and 2028).
- F4: Includes 2,549 restricted stock units (original grant 7,647 RSUs vesting in three equal installments on Feb 15, 2025, 2026, and 2027).
Context
- This transaction appears to be a routine share withholding to satisfy tax obligations from equity vesting/exercise, not an open-market sale. Such withholdings are administrative and typically do not signal the insider’s view of the company’s prospects. For full context, review the official Form 4 filing and the company’s equity award terms.