CFB.Crossfirst Bankshares, INC

Form 4: CrossFirst Bankshares Executive Jennifer Payne Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Jennifer Payne, Chief Risk Officer of CrossFirst Bankshares, reports the vesting and disposal of restricted stock units.

Summary

  • On July 27, 2024, Jennifer Payne, the Chief Risk Officer of CrossFirst Bankshares, reported transactions involving common stock and restricted stock units.
  • She acquired 1,666 shares of common stock upon the vesting of restricted stock units.
  • She disposed of 489 shares of common stock at a price of $18.68 to cover tax obligations.
  • Following these transactions, Payne directly owns 4,038 shares of common stock and 1,667 restricted stock units.

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 executive, which is common in the financial industry.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates

DateDescription
07/27/2022Reporting person was granted 5,000 restricted stock units, which were/are eligible for vesting as follows: 1,667 on July 27, 2023, 1,666 on July 27, 2024, and 1,667 on July 27, 2025.
07/27/20231,667 restricted stock units vested.
07/27/2024Transaction date: Vesting of 1,666 restricted stock units and disposal of 489 shares for tax obligations.
07/27/20251,667 restricted stock units will vest.
07/30/2024Date of signature for the Form 4 filing.

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