Form 4: National Bank Holdings Corp CFO Settles Tax Liability with Stock
SEC Form 4 Filing
Aldis Birkans, CFO of National Bank Holdings Corp, disposed of shares to cover income tax obligations related to vested restricted stock.
Summary
- On April 28, 2024, Aldis Birkans, the Chief Financial Officer of National Bank Holdings Corp, disposed of 1,573 shares of common stock to cover income tax liability.
- The shares were withheld to settle income tax obligations on restricted stock that vested on the same date.
- The transaction was executed at a price of $33.5 per share.
- Following the transaction, Birkans directly owns 46,292 shares of National Bank Holdings Corp.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it's neutral in sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO in this case, trade their company's stock. This provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/28/2024 | Date of transaction and vesting of restricted stock. |
| 04/30/2024 | Date of signature on the Form 4 filing. |
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