Form 4: Bank7 Corp. EVP and CFO Kelly J. Harris Reports Stock Transactions
SEC Form 4
Kelly J. Harris, EVP and CFO of Bank7 Corp., reports acquisition of 3,237 shares and disposition of 831 shares of common stock on February 15, 2025.
Summary
- On February 15, 2025, Kelly J. Harris, the EVP and CFO of Bank7 Corp., reported transactions involving the company's common stock.
- Harris acquired 3,237 shares of common stock at $0.
- Harris disposed of 392 shares at $43.17 and 439 shares at $43.17.
- Following these transactions, Harris beneficially owns 21,392 shares of Bank7 Corp.
- The reported transactions included the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment. The document simply reports stock transactions by an executive, with no clear indication of positive or negative implications for the company's performance.
Positives
- The acquisition of 3,237 shares by the CFO could be seen as a positive signal, indicating confidence in the company's future.
Negatives
- The disposition of 831 shares by the CFO could be interpreted negatively, although it may be for personal financial management.
Risks
- The Form 4 filing itself doesn't inherently indicate risks, but monitoring insider transactions is important for assessing potential risks related to management's perspective on the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. Monitoring these filings can offer insights into management's sentiment and potential future actions.
Stakeholder Impact
- Shareholders may be interested in the insider transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 12/17/2022 | Original grant date for 1,125 restricted stock units vesting in four equal installments. |
| 02/15/2024 | Original grant date for 1,510 restricted units vesting in three equal installments. |
| 02/15/2024 | Original grant date for 3,020 restricted stock units vesting in three equal installments. |
| 02/25/2025 | Vesting date for 4,038 restricted stock units in three equal installments. |
| 02/15/2025 | Date of reported transactions: acquisition and disposition of shares. |
| 02/15/2026 | Vesting date for 3,237 restricted stock units in three equal installments. |
| 12/17/2025 | Vesting date for 1,125 restricted stock units in four equal installments. |
| 02/15/2027 | Vesting date for 3,237 restricted stock units in three equal installments. |
| 02/15/2028 | Vesting date for 3,237 restricted stock units in three equal installments. |
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