Form 4: EFSC CFO Reports Equity Holdings and RSU Grant

Enterprise Financial Services Corp's Chief Financial Officer, Keene S. Turner, filed a Form 4 detailing current beneficial ownership of common stock, depository shares, stock options, and a recent Restricted Share Unit grant.

Summary

• Keene S. Turner, SEVP and Chief Financial Officer of Enterprise Financial Services Corp (EFSC), reported beneficial ownership of company securities.
• Directly owns 64,319 shares of Common Stock and 2,000 Depository Shares.
• Indirectly owns 1,683 shares of Common Stock through the company's 401(k) Plan.
• Holds various Non-Qualified Stock Options with exercise prices ranging from $39.50 to $57.17, totaling 51,733 shares.
• Holds Restricted Share Units (RSUs) totaling 13,444 shares, with vesting schedules extending to the first quarter of 2029.
• A new grant of 2,888 Restricted Share Units was reported on March 4, 2026, vesting 100% in the first quarter of 2029.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports existing beneficial ownership and a routine equity grant, without indicating any significant buying or selling activity that would suggest a strong positive or negative sentiment from the insider.

Positives

• Continued equity alignment between management and shareholders through significant stock and option holdings.
• Recent grant of 2,888 Restricted Share Units indicates ongoing incentive for the CFO.

Risks

• Risks associated with equity compensation, such as stock price volatility impacting the value of options and RSUs.
• Vesting of options and RSUs is subject to continued employment, posing a risk to the reporting person if employment ceases.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding the company's financial performance or strategic direction, beyond the vesting schedules of equity awards which are contingent on continued employment.

Industry Context

StockSavvy.ai notes that routine Form 4 filings, such as this one, are standard disclosures for executive equity holdings and compensation. They provide transparency into insider ownership but typically do not offer insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Provides transparency on executive ownership, aligning management interests with shareholder value over the long term through equity compensation.
• Employees: The equity compensation structure, particularly RSUs and stock options, serves as an incentive for the CFO's continued employment and performance.

Key Dates

Keywords

Enterprise Financial Services Corp, EFSC, Keene S. Turner, Form 4, Insider Trading, Beneficial Ownership, Common Stock, Depository Shares, Stock Options, Restricted Share Units, RSU, Equity Compensation, CFO