Form 4: National Bank Holdings Corp: Officer Settles Tax Liability with Stock

Sentiment:

SEC Form 4 Filing


Angela N. Petrucci, Chief Administrative Officer of National Bank Holdings Corp, disposed of 744 shares to cover income tax obligations related to vested restricted stock.

Summary

  • On April 28, 2024, Angela N. Petrucci, Chief Administrative Officer of National Bank Holdings Corp, disposed of 744 shares of common stock.
  • The shares were withheld to settle income tax liability on restricted stock that vested on the same date.
  • The transaction was executed at a price of $33.5 per share.
  • Following the transaction, Petrucci directly owns 15,212 shares of National Bank Holdings Corp.
  • The transaction was reported on April 30, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an officer's stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates

DateDescription
04/28/2024Date of transaction: Shares withheld to settle income tax liability on restricted stock that vested.
04/30/2024Date of Form 4 filing.

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