BAUCHE DOUGLAS 4
4 · ENTERPRISE FINANCIAL SERVICES CORP · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Enterprise Financial (EFSC) SEVP Douglas Bauche Receives 1,845 RSUs
What Happened
Douglas Bauche, Senior Executive Vice President and Chief Banking Officer of Enterprise Financial Services Corp (EFSC), was granted 1,845 derivative securities on March 4, 2026. The award was reported as an "A" (award/acquisition) at an acquisition price of $0.00 (i.e., an RSU-style award), so no cash exchanged at grant.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed within the typical two-business-day Form 4 window).
- Security: 1,845 restricted stock units (derivative award) reported at $0.00.
- Shares owned after transaction: Not specified in the provided excerpt (see the full filing for total holdings).
- Notable footnotes from the filing:
- F4: The RSUs were granted under the Company's 2018 Stock Incentive Plan; each RSU represents the right to receive one share of common stock.
- F5: These RSUs vest 100% in the first quarter of 2027, subject to continued employment.
- Transaction type: Award (compensation), not an open-market purchase or sale.
Context
RSUs are a form of equity compensation that convert into shares (or cash equivalent) upon vesting; they do not represent immediately tradable shares and do not require cash outlay at grant. Because vesting is conditioned on continued employment, these awards are routine compensation rather than a direct buy or sell that signals immediate insider buying or selling. For full holdings, vesting mechanics, or additional footnotes (e.g., other awards or 401(k) unit details included in the filing), consult the complete Form 4 (Accession 0001025835-26-000064).
Insider Transaction Report
- Award
Restricted Share Units
[F4][F8]2026-03-04+1,845→ 1,845 total→ Common Stock (1,845 underlying)
- 3,282(indirect: By 401(k))
Common Stock
[F1] - 28,421
Common Stock
- 4,730
Non Qualified Stock Option (Right to Buy)
Exercise: $43.81From: 2024-02-06Exp: 2031-02-25→ Common Stock (4,730 underlying) - 5,081
Non Qualified Stock Option (Right to Buy)
Exercise: $48.34From: 2025-02-03Exp: 2032-02-24→ Common Stock (5,081 underlying) - 5,105
Non Qualified Stock Option (Right to Buy)
Exercise: $54.46From: 2026-02-10Exp: 2033-02-28→ Common Stock (5,105 underlying) - 7,786
Non Qualified Stock Option (Right to Buy)
[F2]Exercise: $39.50Exp: 2034-02-28→ Common Stock (7,786 underlying) - 4,100
Non Qualified Stock Option (Right to Buy)
[F3]Exercise: $57.17Exp: 2035-03-04→ Common Stock (4,100 underlying) - 1,487
Restricted Share Units
[F4][F5]→ Common Stock (1,487 underlying) - 1,371
Restricted Share Units
[F4][F6]→ Common Stock (1,371 underlying) - 3,326
Restricted Share Units
[F4][F7]→ Common Stock (3,326 underlying)
Footnotes (8)
- [F1]These securities are represented by units held in a unitized stock fund through the Company's 401(k) Plan. The unitized stock fund consists of cash and common stock in amounts that vary from time to time.
- [F2]This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
- [F3]The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.
- [F4]The RSU's were granted pursuant to the Company's 2018 Stock Incentive Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Grant Agreement.
- [F5]The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
- [F6]The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.
- [F7]The RSUs vest over six years in one-third installments on each of February 24, 2024, February 24, 2026, and February 24, 2028. Vesting is subject to continued employment of the reporting person. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Common Stock.
- [F8]The RSU's vest 100% in the first quarter of 2029, subject to continued employment by the reporting person.