Form 4: BOK Financial Director Corrects Overstated Holdings in Form 4 Filing

Edward C. Joullian IV, a director of BOK Financial Corp, filed an amended Form 4 to correct an overstatement of beneficially owned securities.

Summary

• Edward C. Joullian IV, a director of BOK Financial Corp, filed a Form 4 to report changes in beneficial ownership.
• The filing corrects a previous overstatement of 86 shares in prior filings.
• On July 12, 2024, Joullian acquired 224 shares of common stock at a price of $89.26 per share.
• Following the transaction and correction, Joullian directly owns 5,632 shares of common stock and indirectly owns 1,869 shares through JCAP, LLC.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive due to the correction of an error, which demonstrates transparency. The actual transaction is a routine acquisition of shares.

Positives

• The correction of the overstated shares demonstrates transparency and diligence in reporting.

Negatives

• The initial overstatement of shares, although corrected, could have temporarily misled investors.

Risks

• Inaccurate reporting, even when corrected, can erode investor confidence.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of the overstated shares ensures accurate information for shareholders.

Key Dates