Form 4: BOKF Executive Sells Shares for Tax Obligations

BOK Financial Corp's EVP of Wealth Management, Scott Grauer, disposed of 1,008 shares of common stock to cover tax liabilities at a price of $122.64 per share.

Summary

• Scott Grauer, Executive Vice President of Wealth Management at BOK Financial Corp (BOKF), reported a transaction.
• On January 13, 2026, Grauer disposed of 1,008 shares of BOKF common stock.
• The disposition occurred at a price of $122.64 per share.
• This transaction was coded as 'F', indicating a disposition to the issuer to cover tax obligations.
• Following this transaction, Grauer directly owns 60,500 shares of BOKF common stock.
• Grauer also indirectly owns 12,417.45 shares through a 401(k) Plan, which includes 72.6084 shares acquired since the date of the last ownership report.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax liabilities, which is a common occurrence for executives receiving equity compensation. It does not indicate a change in the company's fundamental outlook or the executive's long-term commitment, especially given the significant remaining holdings.

Positives

• The reporting person continues to hold a significant number of shares directly (60,500) and indirectly (12,417.45) after the transaction, indicating continued alignment with shareholder interests.
• Indirect ownership through the 401(k) plan increased by 72.6084 shares since the last report, suggesting ongoing investment in the company.

Negatives

• The reporting person disposed of 1,008 shares of common stock, reducing their direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disposition of 1,008 shares represents a negligible amount relative to the company's total outstanding shares, thus having minimal impact on overall share dilution. The executive's continued significant direct and indirect holdings suggest ongoing alignment with shareholder interests.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to satisfy tax obligations related to equity compensation. Such transactions are common and generally do not reflect a change in the company's fundamentals or the executive's confidence. The executive retains a substantial direct and indirect stake in BOK Financial Corp, suggesting continued alignment with shareholder interests. Therefore, the filing itself does not warrant a change in investment recommendation.

Keywords

BOKF, BOK Financial Corp, Scott Grauer, Form 4, insider transaction, stock sale, wealth management, executive, beneficial ownership