Former NBHC Vice Chairman Steinmetz Notices Sale of 319,929 Shares (~$12M)
NBHC is trading near its 52-week low of $35.06 (6.8% above the low).
Summary
Former Executive Vice Chairman John Steinmetz filed notice to sell 319,929 NBHC shares worth about $12M, roughly 0.7% of shares outstanding, three days after the company posted a Q3 loss on credit charges.
Key Events · Ownership and Investor Activity · NBHC
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Former Vice Chairman Notices $12M Sale
John Steinmetz, former Executive Vice Chairman, noticed a sale of 319,929 Class A shares with an aggregate market value of $11,974,942.47, brokered through Goldman Sachs.
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Roughly 0.7% of Shares Outstanding
The 319,929 shares equal about 0.7% of the 44,285,618 shares outstanding stated in the filing—a sizable overhang for a single insider notice.
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Shares Sourced From RSU Compensation
All 319,929 shares were acquired 01/07/2026 as restricted stock unit compensation from the issuer: 109,310 by JDS Family Plus Limited Partnership and 210,619 by Steinmetz.
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No Sales in Prior Three Months
Table II reports nothing sold in the past three months, so this is an isolated notice rather than part of an ongoing liquidation pattern.
Analysis · NBHC · Finance
A former executive vice chairman is signaling an exit-sized sale: 319,929 shares worth roughly $12M, about 0.7% of the 44.3M shares outstanding. For a $1.66B bank holding company, that is a meaningful overhang—and it lands just three days after NBHC reported a Q3 net loss of $8.8M driven by $40.6M of provision expense on the charge-offs flagged on 2026-10-01. Because the shares come from RSU compensation, this is a long-tenured insider monetizing equity rather than an open-market conviction trade; the size, not the source, is what matters for the tape. Note that the concurrent 144/A from director Art Zeile covers only 4,000 shares (~$149,700) and is a separate, much smaller notice.
How filings like this one have moved
In the 30 days to Oct 30, 2026, 30.5% of the 1545 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NBHC was trading at $37.43 on NYSE in the Finance sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $35.06 to $47.28. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.