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First Interstate (FIBK) Insider Plans Sale of 20,000 Shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

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.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the FIBK Form 144 report?

It reports a proposed sale of 20,000 common shares of FIBK with an aggregate market value of $636,800 to be executed through Goldman Sachs & Co. LLC.

When is the proposed sale date for the FIBK shares?

The filing lists an approximate sale date of 10/07/2025.

How were the FIBK shares acquired by the seller?

The shares were acquired as a gift on 06/20/2020 from a "Scott Family Member."

Did the filer report any securities sold in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed FIBK sale?

The broker named is Goldman Sachs & Co. LLC located at 200 West Street, New York, NY.
First Interstate Bancsystem

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