Form 4: BOK Financial Corp Executive Kelley Weil Reports Stock Transactions

Kelley Weil, EVP at BOK Financial Corp, reports acquisition and disposal of common stock and adjustments to restricted stock awards.

Summary

• Kelley Weil, an Executive Vice President at BOK Financial Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 18, 2025, Weil acquired 3,116 shares of common stock and 187 shares of common stock.
• On February 19, 2025, Weil disposed of 177 shares of common stock.
• On February 19, 2025, Weil disposed of 804 shares of common stock at a price of $110.8.
• Following these transactions, Weil beneficially owns 16,946 shares of BOK Financial Corp common stock.
• The transactions included the acquisition of restricted stock that vests on January 17, 2028, subject to employment and performance targets.
• There was also a one-time restricted stock award that vests on February 19, 2025.
• Downward adjustments were made to restricted stock awards based on the attainment of performance goals for awards made in 2022.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Executive stock transactions are a common occurrence and are regularly reported to the SEC. These transactions can provide insights into an executive's perspective on the company's performance and future prospects, although they can also be driven by personal financial planning needs.

Comparison to Industry Standards

• Executive stock transactions are a normal part of corporate governance.
• Similar filings are made by executives at comparable financial institutions like JPMorgan Chase, Bank of America, and Wells Fargo.
• The vesting conditions on the restricted stock are typical, linking executive compensation to company performance and retention.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholders, potentially influencing market perception of the company.
• The vesting of restricted stock impacts the executive's compensation and alignment with company performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock, BOK Financial Corp, Kelley Weil