Form 4: CrossFirst Bankshares CFO Benjamin Clouse Reports Stock Transactions
SEC Form 4 Filing
CFO Benjamin R. Clouse reports the vesting and subsequent disposal of shares related to restricted stock units.
Summary
- On July 28, 2024, Benjamin R. Clouse, CFO of CrossFirst Bankshares, Inc., reported transactions involving the company's common stock.
- Clouse vested 1,667 shares of common stock from restricted stock units.
- Simultaneously, 490 shares were disposed of at a price of $18.68.
- Following these transactions, Clouse directly owns 22,762 shares of CrossFirst Bankshares.
- The restricted stock units were granted on July 28, 2021, and vested in three tranches: 1,667 on July 28, 2022, 1,666 on July 28, 2023, and 1,667 on July 28, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/28/2021 | Grant date of 5,000 restricted stock units |
| 07/28/2022 | Vesting of 1,667 restricted stock units |
| 07/28/2023 | Vesting of 1,666 restricted stock units |
| 07/28/2024 | Vesting of 1,667 restricted stock units and disposal of 490 shares |
| 07/30/2024 | Date of Form 4 filing |
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