Form 4: National Bank Holdings Corp Director Fred J. Joseph Reports Stock Transaction
SEC Form 4 Filing
Director Fred J. Joseph of National Bank Holdings Corp reports disposition of shares to cover tax obligations from vested restricted stock.
Summary
- On October 28, 2024, Fred J. Joseph, a director of National Bank Holdings Corp, disposed of 742 shares of common stock to cover income tax liability on restricted stock that vested on the same date.
- The transaction was executed at a price of $45.5 per share.
- Following the transaction, Joseph directly owns 23,286 shares of National Bank Holdings Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations on vested equity, a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of stock transaction and vesting of restricted stock. |
| 10/30/2024 | Date of signature on the Form 4 filing. |
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