Haines Douglas A 4
Research Summary
AI-generated summary
Bank7 (BSVN) Regional President Douglas Haines Sells 1,000 Shares
What Happened Douglas A. Haines, Regional President — Western Oklahoma & Kansas for Bank7 Corp. (BSVN), sold 1,000 shares in an open-market transaction on May 28, 2026. The reported weighted-average sale price was $44.07, for total proceeds of approximately $44,074. This was a sale (S), which is commonly routine insider selling rather than an explicit bullish signal.
Key Details
- Transaction date: 2026-05-28 (reported on Form 4 filed 2026-05-29 — timely filing).
- Nature: Open-market sale (code S), weighted-average price $44.07; price range reported $44.00–$44.10 (multiple trades). Footnote F4 notes the filer can provide per-trade pricing on request.
- Proceeds: ~$44,074 for 1,000 shares.
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Relevant footnotes on holdings (RSUs): F1–F3 indicate the insider has restricted stock unit grants from prior awards (examples: F1 includes 1,500 RSUs from a 2,000-RSU grant vesting 2026–2029; F2 includes 1,250 RSUs from a 5,000-RSU grant vesting 2024–2027; F3 includes 1,750 RSUs from a 3,500-RSU grant vesting 2025–2028). These notes describe vesting schedules, not additional sales.
Context
- Sales by insiders can reflect many motives (diversification, tax planning, liquidity) and are not direct endorsements or criticisms of company prospects. Because this is an outright open-market sale (not an option exercise or gift), it reduces the insider's stake by the reported number of shares.
- Filing appears timely (transaction 5/28, Form 4 filed 5/29).