Form 4: BOK Financial Corp Executive Brad A. Vincent Reports Stock Transactions

EVP Brad A. Vincent of BOK Financial Corp reports acquisition and disposal of common stock, including restricted stock awards and adjustments based on performance goals.

Summary

• Brad A. Vincent, an EVP at BOK Financial Corp, reported several transactions involving the company's common stock.
• On February 18, 2025, Vincent acquired 5,354 shares of common stock at $0, representing restricted stock vesting on January 17, 2028, subject to forfeiture under certain conditions.
• Also on February 18, 2025, he acquired 230 shares of common stock at $0, representing a one-time restricted stock award vesting on February 19, 2025.
• On February 19, 2025, Vincent disposed of 217 shares at $0, representing downward restricted stock adjustments based on performance goals for awards made in 2022.
• Additionally, on February 19, 2025, he disposed of 965 shares at $110.8.
• Following these transactions, Vincent directly owns 20,459 shares and indirectly owns 8,301 shares through The Vincent Family Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It's a neutral disclosure of information.

Risks

• The restricted stock is subject to forfeiture if employment is terminated prior to vesting or if performance earnings per share targets are not met.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives at publicly traded companies like BOK Financial Corp.

Comparison to Industry Standards

• Form 4 filings are standard practice across all publicly traded companies, including peers of BOK Financial Corp such as Bank of America, JP Morgan Chase, and Wells Fargo.
• The vesting schedules and performance-based conditions on restricted stock are common compensation practices in the financial industry to align executive incentives with company performance.
• The reporting requirements and timelines are consistent with SEC regulations applicable to all companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
• The vesting conditions of the restricted stock incentivize the executive to meet performance targets, potentially benefiting shareholders.

Key Dates

Keywords

BOK Financial Corp, Brad A. Vincent, Form 4, Stock Transactions, Restricted Stock, Executive Incentive Plan, Beneficial Ownership