Form 4: BOK Financial Corp Executive Scott Grauer Reports Stock Transactions

EVP Scott Grauer reports acquisition and disposal of BOK Financial Corp stock, including restricted stock awards and adjustments based on performance goals.

Summary

• Scott Grauer, EVP Wealth Management at BOK Financial Corp, reported transactions involving the company's common stock.
• On February 18, 2025, Grauer acquired 7,479 shares of restricted stock that vests on January 17, 2028, and 444 shares of restricted stock that vests on February 19, 2025.
• On February 19, 2025, Grauer disposed of 419 shares due to downward restricted stock adjustments based on performance goals and 1,774 shares at a price of $110.8.
• Following these transactions, Grauer directly owns 61,858 shares and indirectly owns 12,034.9099 shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. While there are acquisitions of restricted stock, indicating some confidence, there are also disposals due to performance adjustments, balancing the overall outlook.

Positives

• Acquisition of 7,479 shares of restricted stock indicates confidence in the company's future performance.
• The one-time restricted stock award of 444 shares vesting on February 19, 2025, is a positive incentive.

Negatives

• Disposal of 419 shares due to downward restricted stock adjustments suggests that performance goals were not fully achieved.
• Disposal of 1,774 shares at $110.8 may indicate a strategic decision or personal financial planning.

Risks

• The restricted stock is subject to forfeiture if employment is terminated before vesting or if performance targets are not met.
• Fluctuations in the stock price could impact the value of Grauer's holdings.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of restricted stock in the future suggests an expectation of continued employment and achievement of performance targets.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and assess their confidence in the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring compliance with SEC regulations.
• The vesting schedules and performance-based conditions of the restricted stock awards are typical components of executive compensation packages in the financial services industry.
• Comparing Grauer's holdings and transactions to those of other executives at BOK Financial and peer institutions could provide further insights into the company's performance and management's sentiment.

Stakeholder Impact

• Shareholders may view the insider transactions as a signal of management's confidence or concerns about the company's performance.
• Employees may be affected by the performance targets tied to the restricted stock awards.
• The transactions have no direct impact on customers, suppliers, or creditors.

Key Dates

Keywords

BOK Financial Corp, Scott Grauer, restricted stock, Form 4, insider trading, stock transaction, beneficial ownership, performance goals, 401(k)