Vincent Brad A 4
4 · BOK FINANCIAL CORP · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
BOK Financial (BOKF) EVP Brad A. Vincent Vests Phantom Stock, Pays Taxes
What Happened
Brad A. Vincent, Executive Vice President – Specialized Industries at BOK Financial (BOKF), had phantom stock (restricted stock units) vest on Feb 18, 2026. Of the vested 5,716 units, 182.753 shares were disposed to cover tax withholding, generating $24,408 (182.753 × $133.56). The remaining 5,533.247 units are retained as a derivative right to receive one share of common stock (or cash) per unit. Separately, on Feb 17, 2026 he was awarded 4,719 restricted shares that vest Jan 16, 2029 subject to forfeiture and performance EPS targets; a 2,194-share conversion/exercise transaction is also reported on Feb 18, 2026 (both reported at $0.00 acquisition price).
Key Details
- Transaction dates: Feb 17–18, 2026; Form 4 filed Feb 19, 2026 (appears timely).
- Tax withholding: 182.753 shares surrendered at $133.56 each → $24,408 paid.
- Phantom units remaining: 5,533.247 derivative units held by Vincent.
- New restricted award: 4,719 restricted shares granted 2/17/2026; vesting Jan 16, 2029 and subject to performance/forfeiture (F1, F2).
- Notes: F3–F5 explain these are deferred/phantom stock (RSUs), represent rights to a share or cash, and become payable on termination; the 182.753-share disposition was to satisfy tax withholding.
Context
This was not an open-market sale for cash gain but a standard vesting/tax-withholding event for deferred/phantom awards. Phantom stock units are derivative rights (convertible to shares or cash at the company’s election), and the transaction included a share surrender to cover taxes (common for RSU/phantom vesting). No purchase price was paid by the insider (acquisitions reported at $0.00).
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-17+4,719→ 22,863 total - Exercise/Conversion
Common Stock
[F2]2026-02-18+2,194→ 25,057 total - Tax Payment
Common Stock
2026-02-18$133.56/sh−182.753$24,408→ 24,874.247 total - Disposition to Issuer
Common Stock
[F3]2026-02-18−5,533.247→ 19,341 total - Award
Phantom Stock
[F4][F3][F5]2026-02-18+5,533.247→ 6,901.084 total→ Common Stock (5,533.247 underlying)
- 9,106(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Represents restricted stock which vests on January 16, 2029. Shares are subject to forfeiture (i) upon termination of employment prior to vesting, and (ii) if certain performance earnings per share targets established pursuant to BOKF Executive Incentive Plan are not met.
- [F2]Represents upward restricted stock adjustments based upon attainment of performance goals established pursuant to the BOKF Executive Incentive Plan for restricted stock awards made in 2023.
- [F3]Prior to issuance, the reporting person elected to defer receipt of 5,716 shares of phantom stock (restricted stock units) issued on February 28, 2023; which such phantom stock vested on February 18, 2026. On vesting, 182.753 shares of the phantom stock were disposed of to pay the taxes on vesting. The remaining 5,533.247 shares of phantom stock remain held by the reporting person as a derivative security.
- [F4]Each share of phantom stock represents a right to receive one share of common stock, or at the Company's election, the cash value thereof.
- [F5]The phantom stock becomes payable upon the reporting person's termination of employment with the Company.