Form 4: BOK Financial Corp Executive Maun Marc Reports Stock Transactions
SEC Form 4 Filing
EVP Maun Marc reports acquisition and disposal of BOK Financial Corp stock, including restricted stock and phantom stock transactions.
Summary
- Maun Marc, an EVP at BOK Financial Corp, reported several transactions involving the company's stock.
- On February 18, 2025, he acquired 6,213 shares of common stock and 328 shares of restricted stock.
- On February 19, 2025, he disposed of 310 shares of common stock, 185.48 shares of common stock at $110.8, and 2,699.52 shares of common stock.
- These transactions leave him with direct ownership of 32,524.52 shares of common stock and indirect ownership of 8,991 shares via the Marc Christopher Maun Revocable Trust (1997) and 140.3099 shares via a 401(k) Plan.
- He also acquired 2,699.52 shares of phantom stock, bringing his total phantom stock holdings to 12,239.9542 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The phantom stock becomes payable upon the reporting person's termination of employment with the Company.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors about insider activity. It's typical for executives to receive and manage stock-based compensation as part of their overall remuneration.
Comparison to Industry Standards
- Executive compensation packages often include a mix of salary, bonus, stock options, and restricted stock.
- Phantom stock is a common deferred compensation tool used to align executive interests with shareholder value.
- Vesting schedules for restricted stock are designed to incentivize long-term performance and retention.
- Companies like JP Morgan Chase, Bank of America, and Wells Fargo also utilize similar compensation strategies for their executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
- The executive's compensation and stock ownership align his interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Acquisition of common stock and restricted stock. |
| 02/19/2025 | Disposal of common stock and acquisition of phantom stock. |
| 02/20/2025 | Date of signature by Power of Attorney. |
Keywords
BOK Financial Corp, Maun Marc, stock transactions, Form 4, restricted stock, phantom stock, executive compensation, insider trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.