Form 4: National Bank Holdings Corp Executive Settles Tax Liability with Stock
SEC Form 4 Filing
Richard U. Newfield Jr., Chief Risk Management Officer of National Bank Holdings Corp, used shares to cover income tax obligations from vested restricted stock.
Summary
- On April 28, 2024, Richard U. Newfield Jr., the Chief Risk Management Officer of National Bank Holdings Corp, had 1,343 shares of common stock withheld to settle income tax liability.
- This was related to restricted stock that vested on the same date.
- The price per share was $33.5.
- Following the transaction, Newfield directly owns 142,794 shares of National Bank Holdings Corp.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (tax liability settlement) and has a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining investor confidence in the fairness of the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 04/28/2024 | Date of transaction: Shares withheld to settle income tax liability on restricted stock that vested. |
| 04/30/2024 | Date of signature on the Form 4 filing. |
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