Form 4: NBHC Director Maria Spring Reports Tax Withholding

National Bank Holdings Corp Director Maria F. Spring reported the disposition of 696 common shares for tax withholding purposes.

Summary

• Maria F. Spring, a Director of National Bank Holdings Corp (NBHC), reported a transaction on October 27, 2025.
• The transaction involved the disposition of 696 shares of Common Stock.
• These shares were withheld for the payment of tax liability upon the vesting of a portion of a restricted stock award.
• The restricted stock award was originally granted to Ms. Spring on April 30, 2025, and previously reported on a Form 4 filed on May 1, 2025.
• The price per share for the disposed securities was $37.2.
• Following this transaction, Maria F. Spring beneficially owns 41,877 shares of Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine tax-related transaction for vested restricted stock, which is a common and non-discretionary event for insiders.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with restricted stock awards. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction related to executive compensation and tax obligations, not indicative of a change in company fundamentals or insider sentiment.

Key Dates

Keywords

NBHC, National Bank Holdings Corp, Maria F. Spring, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Director, Restricted Stock