Form 4: National Bank Holdings Corp Executive Acquires Shares and Settles Tax Obligations

Richard U. Newfield Jr., Chief Risk Management Officer of National Bank Holdings Corp, reports acquisition of shares through performance stock unit settlement and employee stock purchase plan, while also disposing of shares to cover tax liabilities.

Summary

• On March 1, 2025, Richard U. Newfield Jr., Chief Risk Management Officer of National Bank Holdings Corp, acquired 5,161 shares of common stock upon settlement of a performance stock unit award.
• These shares were granted on April 1, 2022.
• Additionally, Mr. Newfield acquired 285 shares under the National Bank Holdings Corporation Employee Stock Purchase Plan on February 28, 2025.
• On the same day, Mr. Newfield disposed of 2,404 shares at a price of $41.87 to cover income tax liability related to the vested performance stock units.
• Following these transactions, Mr. Newfield directly owns 146,252 shares of National Bank Holdings Corp.
• The reporting person signed the form on March 4, 2025.

Sentiment

Score: 6

Explanation: Neutral sentiment as the transactions reflect routine compensation and tax management activities. The acquisition of shares is a positive sign, but the disposal to cover taxes balances it out.

Positives

• The acquisition of shares through the performance stock unit award and employee stock purchase plan indicates confidence in the company's performance and future prospects.

Negatives

• The disposal of shares to cover tax liabilities, while a common practice, slightly reduces the executive's holdings.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and ownership.

Key Dates