Form 4: CrossFirst Bankshares Executive Amy Fauss Reports Stock Transactions
SEC Form 4 Filing
Amy Fauss, CHRO & CAO of CrossFirst Bankshares, reports the vesting and subsequent sale of restricted stock units.
Summary
- On February 24, 2024, Amy Fauss, CHRO & CAO of CrossFirst Bankshares, reported transactions involving common stock and restricted stock units.
- Fauss acquired 1,606 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 557 shares were disposed of to cover tax obligations at a price of $13.12 per share.
- Additionally, 1,336 shares were acquired through vesting of restricted stock units, with 463 shares disposed of for tax obligations at $13.12 per share.
- Following these transactions, Fauss directly owns 85,550 shares of common stock and 1,337 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company executive. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company buy or sell the company's securities. It provides transparency into the transactions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 02/24/2021 | Date of grant of 4,818 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/22/2022 | Date of grant of 4,010 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/24/2024 | Date of transactions involving common stock and restricted stock units. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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