Form 4: CrossFirst Bankshares CFO Benjamin R. Clouse Reports Stock Transactions
SEC Form 4 Filing
CFO Benjamin R. Clouse reports the vesting and disposal of restricted stock units in CrossFirst Bankshares.
Summary
- On February 24, 2024, Benjamin R. Clouse, CFO of CrossFirst Bankshares, reported transactions involving the company's stock.
- Clouse exercised 1,797 restricted stock units (RSUs), which converted into common stock.
- Simultaneously, 623 shares were disposed of to cover tax obligations at a price of $13.12 per share.
- Following these transactions, Clouse directly owns 29,696 shares of common stock and 1,796 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Reporting person was granted 5,389 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/24/2024 | Date of stock transactions: exercise of restricted stock units and disposal of shares for tax obligations. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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