Form 4: BOKF Officer Sells Shares for Tax Obligations

BOK Financial Corp's SVP, Chief Accounting Officer, Michael J. Rogers, disposed of 355 shares of common stock to cover tax withholding on January 13, 2026.

Summary

• Michael J. Rogers, SVP, Chief Accounting Officer of BOK Financial Corp (BOKF), reported a transaction on January 13, 2026.
• Rogers disposed of 355 shares of BOKF Common Stock.
• The disposition was made at a price of $122.64 per share.
• The transaction code 'F' indicates a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Rogers beneficially owns 2,974 shares of BOKF Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1 plan, indicating a pre-arranged trading schedule.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes, not indicative of positive or negative sentiment towards the company's future performance.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating it was pre-scheduled and not a discretionary sale based on new information.
• The disposition was for tax withholding purposes, which is a routine and non-discretionary event for executives receiving equity compensation.

Negatives

• A reduction in the direct beneficial ownership of common stock by a key executive, although for a specific, non-discretionary reason.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Related Party Transactions

• Disposition of 355 shares of common stock to the issuer (BOK Financial Corp) at $122.64 per share to satisfy tax withholding obligations.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors as this is a routine, non-discretionary tax-related transaction by an executive.

Key Dates

Recommendation

The reported transaction is a non-discretionary disposition of shares by an executive to satisfy tax withholding obligations, executed under a Rule 10b5-1 plan. This is a common and expected event for executives receiving equity compensation and does not reflect a change in the executive's or company's outlook. Therefore, it does not provide new information that would alter an existing investment recommendation.

Keywords

BOK Financial Corp, BOKF, Form 4, Insider Trading, Michael J. Rogers, Common Stock, Share Disposition, Tax Withholding, Rule 10b5-1