FIBK Form 144: 20,000 Shares Proposed Sale ($636,800)
The filing is a Form 144 notice for First Interstate BancSystem, Inc. (FIBK) reporting a proposed sale of 20,000 common shares through Goldman Sachs & Co. LLC with an aggregate market value of $636,800.
Rhea-AI Filing Summary
The filing is a Form 144 notice for First Interstate BancSystem, Inc. (FIBK) reporting a proposed sale of 20,000 common shares through Goldman Sachs & Co. LLC with an aggregate market value of $636,800. The shares represent part of an acquisition described as a gift received on 06/20/2020 from a "Scott Family Member," and the donor originally acquired those shares on 11/03/1993. The proposed approximate sale date is 10/07/2025 on the NASDAQ (listed as NASD). The filer reports no securities sold in the past three months and affirms they are not aware of undisclosed material adverse information.
Positive
- Timely disclosure of proposed sale under Rule 144 via a registered broker
- No securities sold in past three months (reduces immediate pattern concerns)
Negative
- None.
Insights
TL;DR: An insider sale of 20,000 shares is planned via Goldman Sachs with no recent prior sales reported.
The notice documents a planned disposition of 20,000 common shares valued at $636,800, to be executed through Goldman Sachs & Co. LLC on or about 10/07/2025. The shares were received as a gift on 06/20/2020 from a named family member, and there were no reported sales in the prior three months.
The primary dependency for market impact is trade execution timing and market liquidity at sale; the filing itself is procedural and serves to satisfy Rule 144 disclosure requirements. Monitor the actual trade date and size relative to daily trading volume for potential short-term price effects in the immediate execution window.
FAQ
What does the FIBK Form 144 report?
Did the filer report any securities sold in the past three months?
Which broker is handling the proposed FIBK sale?
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