4/A: CrossFirst Bankshares CFO Benjamin R. Clouse Reports Changes in Beneficial Ownership
SEC Form 4/A
CFO Benjamin R. Clouse reports transactions involving CrossFirst Bankshares common stock and restricted stock units, including the vesting of performance-based units and a correction to a previously filed form.
Summary
- Benjamin R. Clouse, CFO of CrossFirst Bankshares, filed an amended Form 4 on February 27, 2025, reporting changes in beneficial ownership.
- The transactions occurred on February 24, 2025, and involve common stock and restricted stock units (RSUs).
- Clouse acquired shares through the vesting of RSUs and disposed of shares to cover tax obligations.
- The amendment corrects an administrative error in the original Form 4 filed on February 26, 2025, regarding the number of performance-based RSUs that vested.
- The corrected number of vested performance-based RSUs is 4,336 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the CFO's transactions in company stock.
Key Dates
| Date | Description |
|---|---|
| February 24, 2022 | Reporting person granted 5,389 restricted stock units, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date. |
| March 1, 2023 | Reporting person granted 8,024 restricted stock units, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date. |
| March 1, 2024 | Reporting person granted 9,968 restricted stock units, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date. |
| February 24, 2025 | Date of transactions involving common stock and restricted stock units. |
| February 26, 2025 | Original Form 4 filing date. |
| February 27, 2025 | Amended Form 4 filing date. |
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