BOK Financial President and CEO Stacy Kymes Sells Shares as Insider Trading Activity Reported

Executive Share Disposition at BOK Financial

Stacy Kymes, serving as President and Chief Executive Officer of BOK Financial Corp, completed a share sale transaction on July 23, 2026, involving the disposition of 8,538 shares of the company's common stock. The sale was executed at a price of $139.532 per share, according to the regulatory disclosure filed with the Securities and Exchange Commission. This transaction represents a routine insider trading activity by a senior executive officer of the Oklahoma-based financial institution.

Following the completion of the sale transaction, Kymes maintained direct beneficial ownership of 123,172 shares of BOK Financial common stock. In addition to this direct holding, the executive held an additional 23,936 shares indirectly through the Angel D Kymes Revocable Trust and 9,613.5168 shares through a 401(k) plan. These indirect holdings demonstrate Kymes' substantial continuing ownership interest in the company beyond the directly held shares affected by the July transaction.

Dividend Reinvestment Plan Participation

In conjunction with the share sale, the disclosure reveals that Kymes acquired 3,215 shares of BOKF common stock with no monetary consideration, indicating these shares were obtained through BOK Financial's dividend reinvestment plan. The filing further notes that 94.9257 shares of common stock had been acquired through the same dividend reinvestment plan between the date of this transaction and the reporting person's previous ownership report. This ongoing participation in the dividend reinvestment plan reflects a continued commitment to accumulating company shares through reinvested dividends.

Dividend reinvestment plans allow shareholders to automatically reinvest cash dividends received into additional shares of the issuing company's stock, often without incurring transaction fees. Kymes' utilization of this mechanism indicates regular dividend receipt from the substantial beneficial ownership stake maintained in BOK Financial. The automatic nature of such plans means that share accumulation occurs systematically over time, supplementing direct share purchases or other acquisition methods.

Beneficial Ownership Structure and Indirect Holdings

The regulatory filing reveals that Kymes maintains beneficial ownership of BOK Financial shares across multiple entities and investment vehicles. Beyond the 123,172 shares held directly, the executive's indirect ownership includes shares held through the Angel D Kymes Revocable Trust, which contained 23,936 shares at the time of the report. Additionally, shares held within a 401(k) retirement plan account totaled 9,613.5168 shares, demonstrating the diversified structure of Kymes' beneficial ownership in the company.

The use of revocable trusts and qualified retirement plans for holding company shares is common among executives and provides estate planning flexibility and tax-advantaged retirement savings opportunities. The disclosure of these indirect holdings ensures transparency regarding the total beneficial ownership stake controlled by or attributable to the reporting person, providing a comprehensive picture of the executive's financial interest in BOK Financial Corp's performance and prospects.

Transaction Timing and Market Context

The share sale transaction was completed on July 23, 2026, with the regulatory filing submitted to the Securities and Exchange Commission on July 27, 2026. The execution of the trade during this specific timeframe occurred within the normal course of insider trading activity by company executives. The filing itself does not indicate any extraordinary circumstances surrounding the transaction timing or the decision to sell shares at that particular moment in time.

The price at which shares were sold, $139.532 per share, was recorded as the transaction price in the regulatory disclosure. The filing does not provide commentary on market conditions, trading volume, or other contextual factors that may have influenced the timing or pricing of the transaction. Investors analyzing insider trading activity typically examine patterns of transactions over extended periods to identify potential strategic considerations or concerns.

Regulatory Filing and Disclosure Obligations

As President and Chief Executive Officer of BOK Financial Corp, Stacy Kymes is subject to Section 16 reporting requirements under the Securities Exchange Act of 1934. These requirements mandate disclosure of changes in beneficial ownership of the company's securities by corporate officers, directors, and principal shareholders. The Form 4 filing represents the formal regulatory notification of the transaction that occurred on July 23, 2026, and reflects the company's commitment to transparency regarding insider trading activity.

The filing indicates that Kymes serves as both a Director and an Officer of BOK Financial, positions that trigger mandatory reporting of all transactions in the company's securities. The regulatory framework ensures that investors have timely access to information regarding trading activity by company insiders, enabling the investment community to assess whether executive actions may reflect confidence in or concerns about the company's valuation and future prospects. Such filings are public documents available through the Securities and Exchange Commission's EDGAR database.

Officers and Directors Trading Activity at BOK Financial

Insider trading disclosures provide investors with visibility into the trading patterns and shareholding changes among senior management and board members of publicly traded companies. Stacy Kymes' transaction represents one component of the broader body of insider trading activity that occurs at BOK Financial Corp over time. The share sale, combined with concurrent acquisitions through the dividend reinvestment plan, demonstrates simultaneous disposition and acquisition activity by the executive.

The aggregate beneficial ownership position maintained by Kymes following these transactions indicates substantial personal financial exposure to BOK Financial's stock performance. With total beneficial ownership spanning direct and indirect holdings across multiple accounts and entities, the CEO maintains a significant stake in the company's success. This ownership structure aligns the financial interests of senior management with those of other shareholders, as executives' personal wealth is directly tied to movements in the company's share price and dividend performance.

Form 4 Filing Details and Compliance

The regulatory filing was submitted on July 27, 2026, four days after the transaction date of July 23, 2026. The filing was executed with a power of attorney granted to Tamara R. Sloan, whose signature appears as the authorized representative submitting the disclosure on behalf of the reporting person. BOK Financial Corp maintained its registration with the Securities and Exchange Commission and continued compliance with ongoing reporting obligations for insiders throughout the reporting period.

The Form 4 filing represents a standard regulatory requirement for reporting changes in beneficial ownership by officers, directors, and principal shareholders of publicly traded companies. These disclosures must be submitted within two business days of the transaction date, ensuring that market participants receive timely information about insider trading activity. The filing demonstrates BOK Financial's adherence to securities law requirements and the company's commitment to maintaining accurate and current beneficial ownership records.

Analysis of Share Holdings and Ownership Concentration

Following the completion of the July 23, 2026 transactions, Stacy Kymes' total beneficial ownership in BOK Financial Corp, including all direct and indirect holdings, amounted to approximately 156,721 shares. This substantial ownership position places Kymes among the significant shareholders in the company and reflects considerable personal financial exposure to the Oklahoma-based financial services institution. The concentration of ownership among executive leadership can serve as an indicator of management confidence in the company's long-term value creation potential.

The diversification of holdings across multiple entities—including direct ownership, revocable trusts, and retirement plans—reflects sophisticated personal wealth management practices commonly employed by executives of publicly traded companies. Each holding vehicle may serve distinct estate planning, tax efficiency, or retirement security objectives. The aggregate position, however, demonstrates that Kymes maintains substantial exposure to BOKF share price performance regardless of the particular legal structure through which individual shares are held.

Implications for Investors Monitoring Insider Activity

Investors analyzing insider trading disclosures at BOK Financial Corp may find Stacy Kymes' transaction of interest as it reflects executive-level activity in the company's shares. The concurrent sale of shares alongside acquisitions through dividend reinvestment suggests a balance between taking some profits from the substantial accumulated position while maintaining ongoing exposure through reinvested dividends. This pattern differs from transactions where executives sell all available shares or make large concentrated purchases, which might carry different significance for interpreting management sentiment.

The maintenance of substantial beneficial ownership by the President and CEO, even following the sale transaction, indicates that Kymes retains significant personal financial alignment with BOK Financial Corp's performance. Insider trading activity represents one data point among many factors that investors should consider when evaluating a company's prospects, management quality, and future direction. Individual transactions by executives may occur for a variety of personal financial planning reasons unrelated to broader company circumstances or future performance expectations.