Form 4: Enterprise Financial Services Corp Director Sells Shares
SEC Form 4 Filing
James M. Havel, a director of Enterprise Financial Services Corp, sold 5,525 shares of common stock on February 28, 2025, at a price of $58.47 per share.
Summary
- James M. Havel, a director at Enterprise Financial Services Corp (EFSC), reported a transaction involving the company's common stock.
- On February 28, 2025, Havel sold 5,525 shares of EFSC common stock.
- The sale price was $58.47 per share.
- Following the transaction, Havel directly owns 15,447 shares of EFSC common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing (Form 4) detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders. They provide transparency into the buying and selling activities of individuals with access to non-public information, allowing investors to monitor potential trends or significant shifts in ownership.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, as it might suggest a lack of confidence in the company's future prospects, although this is not necessarily the case.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: James M. Havel sold shares of EFSC common stock. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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