Form 4: BOK Financial Corp Executive Vice President Sells Shares to Cover Tax Obligations

Christy K. Daboval, Executive Vice President and Chief Credit Officer at BOK Financial Corp, sold 189 shares of common stock to cover tax obligations.

Summary

• Christy K. Daboval, an Executive Vice President and Chief Credit Officer at BOK Financial Corp, reported a transaction involving the sale of company stock.
• On January 14, 2025, Ms. Daboval sold 189 shares of BOK Financial Corp common stock at a price of $109.44 per share.
• This transaction was executed to cover tax obligations related to the vesting of restricted stock units.
• Following the transaction, Ms. Daboval directly owns 3,361 shares of common stock and indirectly owns 2,369 shares through The Daboval Family Trust.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales for tax purposes are a common practice across the financial industry.
• Many executives at comparable financial institutions such as JP Morgan Chase, Bank of America, and Wells Fargo regularly report similar transactions.
• These transactions are typically disclosed via SEC Form 4 filings, ensuring transparency and compliance with regulations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale for tax purposes.

Key Dates

Keywords

BOK Financial Corp, insider trading, stock sale, executive compensation, Form 4, Christy K. Daboval, Chief Credit Officer