John Steinmetz - 07 Jan 2026 Form 4 Insider Report for National Bank Holdings Corp (NBHC)

Role: Exec Mng Dir of Strategic Init
Signature: /s/ Amy Abrams, Attorney-in-Fact
Issuer symbol: NBHC
Transactions as of: 07 Jan 2026
Net transactions value: -$1,481,482
Form type: 4
Filing time: 09 Jan 2026, 18:48:28 UTC
Next filing: 03 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Steinmetz John	Exec Mng Dir of Strategic Init	7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE	/s/ Amy Abrams, Attorney-in-Fact	09 Jan 2026	0002102774

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NBHC	Common Stock	Award		+442,132			442,132	07 Jan 2026	Direct	F1
transaction	NBHC	Common Stock	Award		+95,396	+22%		537,528	07 Jan 2026	Direct	F1, F2
transaction	NBHC	Common Stock	Tax liability	$1,481,482	-37,668	-7%	$39.33	499,860	07 Jan 2026	Direct	F3
transaction	NBHC	Common Stock	Award		+228,668			228,668	07 Jan 2026	JDS Plus Family Limited Partnership	F1

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

Explanation of Responses:

Id	Content
F1	Acquired pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") dated as of September 15, 2025, by and between Issuer, Vista Bancshares, Inc., a Texas corporation ("Vista"), and Bryan Wick, solely in his capacity as the shareholders' representative. Pursuant to the Merger Agreement, at the effective time of the merger, Vista merged with and into Issuer with Issuer surviving the merger, and each share of common stock, par value $1.00 per share, of Vista ("Vista Common Stock") outstanding immediately prior to the effective time of the merger, other than certain excluded shares, was converted into the right to receive 3.1161 shares of class A common stock, par value $0.01, of Issuer ("Issuer Common Stock") per share of Vista Common Stock surrendered, $31.62 in cash for each share of Vista Common Stock surrendered and cash in lieu of fractional shares, if any.
F2	Pursuant to the Merger Agreement, at the effective time of the merger, an award of 24,332 restricted shares of Vista Common Stock was assumed and converted into a restricted stock award in respect of 95,396 restricted shares of Issuer Common Stock. This restricted stock award will vest in equal quarterly installments over the three-year period following the closing, subject to Mr. Steinmetz's continued employment with NBHC or one of its affiliates through the applicable vesting date.
F3	Represents shares withheld for payment of tax liability upon vesting of 95,392 restricted shares received pursuant to the Merger Agreement between Issuer and Vista Bancshares, Inc., as noted in footnote 1.