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Esquire Financial Director Sells $2.6M in Shares
Selig Zises sold 25,000 shares, a 74.62% decrease in his ownership stake
Mar. 21, 2026 at 12:04pm
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Esquire Financial Holdings, Inc. (NASDAQ:ESQ) Director Selig Zises sold 25,000 shares of the company's stock on March 18th for a total transaction of $2,663,500. Following the sale, Zises now directly owns 8,501 shares in the company, valued at approximately $905,696.54. This represents a 74.62% decrease in his ownership stake.
Why it matters
Insider selling can sometimes signal that a director or executive believes the stock is overvalued or that they need to raise cash for other purposes. However, it's important to note that insider transactions can have various motivations and don't necessarily indicate a negative view on the company's prospects.
The details
Zises sold the 25,000 shares at an average price of $106.54 per share. He also sold an additional 5,000 shares on March 19th at $105.10 per share. Esquire Financial's stock has traded in a range of $69.14 to $134.82 over the past 12 months and currently has a market cap of $910.78 million.
- Zises sold 25,000 shares on March 18, 2026.
- Zises sold an additional 5,000 shares on March 19, 2026.
The players
Selig Zises
Director of Esquire Financial Holdings, Inc.
Esquire Financial Holdings, Inc.
A bank holding company that specializes in residential mortgage lending and community banking services.
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