Douglas Bauche - 24 Feb 2026 Form 4 Insider Report for ENTERPRISE FINANCIAL SERVICES CORP (EFSC)

Role: SEVP, Chief Banking Officer
Signature: /s/ Douglas Bauche
Issuer symbol: EFSC
Transactions as of: 24 Feb 2026
Net transactions value: -$84,398
Form type: 4
Filing time: 26 Feb 2026, 13:11:47 UTC
Previous filing: 12 Feb 2026
Next filing: 06 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BAUCHE DOUGLAS	SEVP, Chief Banking Officer	150 N. MERAMEC, CLAYTON	/s/ Douglas Bauche	26 Feb 2026	0001682456

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EFSC	Common Stock	Options Exercise	$0	+3,326	+13%	$0.000000	29,887	24 Feb 2026	Direct
transaction	EFSC	Common Stock	Tax liability	$84,398	-1,466	-4.9%	$57.57	28,421	24 Feb 2026	Direct	F1
holding	EFSC	Common Stock						3,282	24 Feb 2026	401(K) Plan	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EFSC	Restricted Share Units	Options Exercise	$0	-3,326	-50%	$0.000000	3,326	24 Feb 2026	Common Stock	3,326		Direct	F5, F8
holding	EFSC	Non Qualified Stock Option (Right to Buy)						4,730	24 Feb 2026	Common Stock	4,730	$43.81	Direct
holding	EFSC	Non Qualified Stock Option (Right to Buy)						5,081	24 Feb 2026	Common Stock	5,081	$48.34	Direct
holding	EFSC	Non Qualified Stock Option (Right to Buy)						5,105	24 Feb 2026	Common Stock	5,105	$54.46	Direct
holding	EFSC	Non Qualified Stock Option (Right to Buy)						7,786	24 Feb 2026	Common Stock	7,786	$39.50	Direct	F3
holding	EFSC	Non Qualified Stock Option (Right to Buy)						4,100	24 Feb 2026	Common Stock	4,100	$57.17	Direct	F4
holding	EFSC	Restricted Share Units						1,487	24 Feb 2026	Common Stock	1,487		Direct	F5, F6
holding	EFSC	Restricted Share Units						1,371	24 Feb 2026	Common Stock	1,371		Direct	F5, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Withholding of stock to satisfy tax withholding obligation on issuance of common stock.
F2	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.
F3	This option becomes exercisable in the first quarter of 2027, subject to continued employment by the reporting person.
F4	The option becomes exercisable in the first quarter of 2028, subject to continued employment by the reporting person.
F5	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.
F6	The RSU's vest 100% in the first quarter of 2027, subject to continued employment by the reporting person.
F7	The RSU's vest 100% in the first quarter of 2028, subject to continued employment by the reporting person.
F8	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.