Form 4: Enterprise Financial Services Corp Director Transfers Shares Between Direct and Indirect Holdings

Robert E. Guest, a director of Enterprise Financial Services Corp, reported a transfer of shares between indirect and direct holdings on March 11, 2024.

Summary

• Robert E. Guest, a director at Enterprise Financial Services Corp (EFSC), filed a Form 4 detailing changes in beneficial ownership.
• On March 11, 2024, Guest transferred 1,650 shares of common stock from an indirect holding (Guest Family Trust 2001) to a direct holding.
• The transaction is a voluntary disclosure of a transfer of shares from indirect to direct holding.
• Following the reported transaction, Guest directly owns 3,399 shares of common stock.
• Guest also indirectly owns 8,272 shares through a Spouse IRA and 89,792 shares through the Guest Family Trust 2023.
• Additionally, Guest holds 2,199 phantom stock units, each representing the right to receive one share of common stock upon distribution from the Non-Management Director Stock Plan deferred compensation account, which will be distributed following termination of services as an Independent Director.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a stock transfer. It doesn't convey any particular positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It doesn't necessarily reflect a strategic shift or significant event for Enterprise Financial Services Corp.

Key Dates