BSVN.NASDAQBank7 CORP

Form 4: Bank7 VP Sells Shares for Tax Obligations

Sentiment:

Insider Transaction Report


Bank7 Corp.'s VP and General Counsel, Henry Litchfield, disposed of 127 shares of common stock to cover tax withholding obligations at a price of $44.78 per share.

Summary

  • Henry Litchfield, VP and General Counsel of Bank7 Corp. (BSVN), reported a disposition of 127 shares of common stock.
  • The transaction occurred on December 17, 2025, at a price of $44.78 per share.
  • This disposition was made to satisfy tax withholding obligations related to equity compensation.
  • Following this transaction, Henry Litchfield beneficially owns 13,248 shares of Bank7 Corp. common stock.
  • Beneficial ownership includes 2,000 restricted stock units (RSUs) vesting in four equal installments on February 15, 2026, 2027, 2028, and 2029.
  • Beneficial ownership also includes 2,625 RSUs from an original grant of 3,500, with installments vesting on February 15, 2025, 2026, 2027, and 2028.
  • Additionally, beneficial ownership includes 2,500 RSUs from an original grant of 5,000, with installments vesting on February 15, 2024, 2025, 2026, and 2027.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment regarding the company's operational or financial performance.

Positives

  • The transaction is a routine disposition for tax withholding purposes, indicating the vesting of equity compensation for a key executive.

Negatives

  • The disposition represents a minor reduction in direct beneficial ownership by a key executive, though it is for a common tax-related purpose and not a discretionary sale.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction, beyond the scheduled vesting of restricted stock units.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape analysis.

Stakeholder Impact

  • Shareholders: Minimal impact as this is a small, routine transaction by an insider for tax purposes, not indicative of a change in confidence or strategic direction.
  • Employees: No direct impact mentioned.

Next Steps

  • Scheduled vesting of 2,000 restricted stock units in four equal installments on February 15, 2026, 2027, 2028, and 2029.
  • Scheduled vesting of 2,625 remaining restricted stock units from an original grant of 3,500, with installments on February 15, 2025, 2026, 2027, and 2028.
  • Scheduled vesting of 2,500 remaining restricted stock units from an original grant of 5,000, with installments on February 15, 2024, 2025, 2026, and 2027.

Key Dates

DateDescription
12/17/2025Date of transaction for disposition of common stock by Henry Litchfield.
02/15/2024First vesting installment date for a portion of 5,000 restricted stock units.
02/15/2025First vesting installment date for a portion of 3,500 restricted stock units and second installment for a portion of 5,000 restricted stock units.
02/15/2026First vesting installment date for 2,000 restricted stock units, second installment for a portion of 3,500 restricted stock units, and third installment for a portion of 5,000 restricted stock units.
02/15/2027Second vesting installment date for 2,000 restricted stock units, third installment for a portion of 3,500 restricted stock units, and fourth installment for a portion of 5,000 restricted stock units.
02/15/2028Third vesting installment date for 2,000 restricted stock units and fourth installment for a portion of 3,500 restricted stock units.
02/15/2029Fourth vesting installment date for 2,000 restricted stock units.

Keywords

Bank7 Corp, BSVN, Insider Transaction, Form 4, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Equity Compensation

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