Form 4: National Bank Holdings Corp Executive Acquires and Disposes of Shares
SEC Form 4
Angela Nicole Petrucci, Chief Administrative Officer of National Bank Holdings Corp, reports acquisition of shares through performance stock unit settlement and employee stock purchase plan, and disposition of shares for tax liability.
Summary
- On March 1, 2025, Angela Nicole Petrucci, Chief Administrative Officer of National Bank Holdings Corp, acquired 2,897 shares of common stock upon settlement of a performance stock unit award granted on April 1, 2022.
- She also acquired 46 shares under the National Bank Holdings Corporation Employee Stock Purchase Plan on February 28, 2025.
- On the same day, 1,433 shares were disposed of to settle income tax liability on the vested restricted stock, at a price of $41.87 per share.
- Following these transactions, Petrucci directly owns 16,999 shares of National Bank Holdings Corp.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and stock ownership.
Positives
- Acquisition of shares through performance stock unit settlement indicates achievement of performance goals.
- Participation in the Employee Stock Purchase Plan demonstrates confidence in the company's future.
Negatives
- Disposition of shares to cover tax liability reduces the total shareholding.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| April 1, 2022 | Date of performance stock unit award grant |
| February 28, 2025 | Date of acquisition of shares under the Employee Stock Purchase Plan |
| March 1, 2025 | Date of common stock acquisition and disposition for tax liability |
| March 4, 2025 | Date of Form 4 filing |
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