Daboval Christy K 4

What Happened

• Christy K. Daboval, EVP and Chief Credit Officer of BOK Financial Corp (BOKF), received a grant of 2,603 restricted shares on 2026-02-17, and on 2026-02-18 converted/exercised 130 derivative shares at $0 per share. To cover tax liability, 116 shares were surrendered/withheld and disposed at $133.56 each, generating proceeds of $15,493 (reported as a disposition for tax withholding).

Key Details

• Transactions and dates:
  • 2026-02-17: Award/grant of 2,603 restricted shares (Code A) — reported acquisition at $0.00.
  • 2026-02-18: Exercise/conversion of 130 derivative shares (Code M) — reported acquisition at $0.00.
  • 2026-02-18: Tax withholding/disposition of 116 shares (Code F) at $133.56 each = $15,493.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes:
  • F1: The restricted shares vest on January 16, 2029 and are subject to forfeiture if employment terminates before vesting or if certain EPS performance targets under the BOKF Executive Incentive Plan are not met.
  • F2: The exercised/conversion reflects upward restricted stock adjustments tied to 2023 performance awards under the same incentive plan.
• Filing timeliness: Report filed 2026-02-19 for transactions dated 2026-02-17 and 02-18 — appears to be filed within the SEC’s typical 2-business-day reporting window (not marked late).

Context

• This filing mainly reflects compensation-related activity: a restricted stock award and related conversion/adjustment, with a routine tax-withholding disposition of shares. The exercise/conversion at $0 suggests conversion of awarded/adjusted shares rather than a cash purchase. Such awards are common executive compensation and are subject to future vesting and performance conditions; the tax withholding sale does not necessarily indicate a change in the insider’s view of the company.