Weil Kelley 4

What Happened
Weil Kelley, Executive Vice President — Consumer Banking Services at BOK Financial (BOKF), received a grant of 3,017 restricted shares (reported 2026-02-17), had 1,397 shares acquired through exercise/conversion of a derivative (reported 2026-02-18), and had 1,610 shares surrendered to cover tax obligations on 2026-02-18. The tax withholding involved 1,610 shares at $133.56 per share, totaling $215,032. The award and the conversion/exercise were reported at $0.00 per share (compensation/vesting/conversion events), while the share disposal was for tax withholding.

Key Details

• Filing date: 2026-02-19; Period of report: 2026-02-17. Filing flagged as late (timeliness = L).
• Transactions:
  • 2026-02-17 — Grant (A): 3,017 restricted shares @ $0.00 (acquired).
  • 2026-02-18 — Exercise/conversion (M): 1,397 shares @ $0.00 (acquired).
  • 2026-02-18 — Tax withholding (F): 1,610 shares @ $133.56 (disposed) = $215,032.
• Shares owned after the transactions: Not specified in the provided filing details.
• Footnotes:
  • F1: The restricted shares vest on January 16, 2029 and are subject to forfeiture for termination before vesting or if certain EPS performance targets under the Executive Incentive Plan aren’t met.
  • F2: Reflects upward restricted stock adjustments based on attainment of performance goals under the 2023 awards.

Context

• These filings reflect compensation-related activity (awards and conversion/exercise) rather than an open-market purchase or voluntary sale. The disposed shares were surrendered to satisfy tax withholding — a common, routine practice following vesting or conversion.
• For retail investors: awards and conversions often reflect compensation mechanics and vesting schedules; purchases are generally more informative about insider sentiment than routine tax withholdings or grants.