Form 4: National Bank Holdings Corp Executive Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Angela Nicole Petrucci, Chief Administrative Officer of National Bank Holdings Corp, reports acquisition and disposal of common stock.

Summary

  • On March 1, 2024, Angela Nicole Petrucci, Chief Administrative Officer of National Bank Holdings Corp, acquired 661 shares of common stock upon settlement of a performance stock unit award.
  • Also on March 1, 2024, Ms. Petrucci disposed of 326 shares of common stock to cover income tax liability on restricted stock.
  • The price per share for the disposed shares was $33.63.
  • Following these transactions, Ms. Petrucci beneficially owns 11,203 shares of National Bank Holdings Corp.
  • The report also notes that Ms. Petrucci acquired 54 shares under the National Bank Holdings Corporation Employee Stock Purchase Plan on February 29, 2024.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing represents standard executive stock transactions. The acquisition of shares is mildly positive, while the disposal for tax purposes is neutral.

Positives

  • Acquisition of 661 shares indicates confidence in the company's performance.
  • Participation in the Employee Stock Purchase Plan shows commitment to the company's long-term success.

Negatives

  • Disposal of 326 shares to cover tax liability, while normal, slightly reduces the overall holdings.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.

Key Dates

DateDescription
April 1, 2021Date of performance stock unit award granted to the reporting person.
February 29, 2024Date of acquisition of 54 shares under the Employee Stock Purchase Plan.
March 1, 2024Date of common stock acquisition and disposal.
March 5, 2024Date of signature on the report.

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