Form 4: CrossFirst Bankshares Officer Rapp W. Randall Reports Stock Transactions
SEC Form 4
CrossFirst Bankshares officer W. Randall Rapp reports acquisition and disposal of common stock and restricted stock units.
Summary
- On February 24, 2024, W. Randall Rapp, President of CrossFirst Bank, reported transactions involving CrossFirst Bankshares, Inc. common stock and restricted stock units.
- Rapp acquired 1,461 and 1,619 shares of common stock through the vesting of restricted stock units.
- Rapp also disposed of 434 and 481 shares of common stock to cover tax obligations at a price of $13.12 per share.
- Following these transactions, Rapp directly owns 38,633 shares of common stock and 1,618 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 insider, which is common in the financial industry.
Key Dates
| Date | Description |
|---|---|
| 02/22/2021 | Reporting person was granted 4,383 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/22/2022 | Reporting person was granted 4,855 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/23/2024 | Disposal of 434 shares of common stock at $13.12 per share. |
| 02/24/2024 | Acquisition of 1,461 shares of common stock through vesting of restricted stock units. |
| 02/24/2024 | Acquisition of 1,619 shares of common stock through vesting of restricted stock units. |
| 02/24/2024 | Disposal of 481 shares of common stock at $13.12 per share. |
| 02/27/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.