Form 4: National Bank Holdings Corp Director Settles Tax Liability with Share Withholding
SEC Form 4 Filing
Ralph W. Clermont, a director of National Bank Holdings Corp, had shares withheld to cover income tax obligations related to vested restricted stock.
Summary
- On October 28, 2024, Ralph W. Clermont, a director of National Bank Holdings Corp, had 874 shares of common stock withheld to cover income tax liability.
- The shares were withheld at a price of $45.5 per share.
- Following the transaction, Clermont directly owns 3,313 shares and indirectly owns 69,163 shares through the Ralph W. Clermont Revocable Trust.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (tax liability settlement) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers. This allows the public to monitor their trading activity and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of transaction: Shares withheld to settle income tax liability on restricted stock that vested. |
| 10/30/2024 | Date of signature on the Form 4 filing. |
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