First Interstate (FIBK) director files Form 3 showing no stock
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
First Interstate BancSystem director reports no share ownership. Director Michael L. Scudder filed an initial Form 3 for First Interstate Inc. (ticker FIBK), stating that he did not beneficially own any shares of the company’s common stock as of August 13, 2025 under SEC reporting rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCUDDER MICHAEL L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
Who is the reporting insider on this First Interstate (FIBK) Form 3?
The Form 3 identifies Michael L. Scudder as the reporting person. He is listed as a director of First Interstate Inc., with no officer role or 10% ownership status disclosed in this filing.
What does Michael L. Scudder report owning in First Interstate (FIBK)?
The filing reports that Michael L. Scudder beneficially owns 0 shares of First Interstate Inc. common stock. A footnote clarifies he did not beneficially own any common stock at the time of filing this initial Form 3.
What is the event date on Michael L. Scudder’s Form 3 for FIBK?
The Form 3 lists an event date of August 13, 2025. This date reflects when the status triggering the initial ownership report occurred, such as becoming a director subject to Section 16 reporting requirements.
Does this First Interstate (FIBK) Form 3 show any transactions?
No specific buy or sell transactions are reported. The Form 3 is an initial ownership statement, indicating that after the relevant date, Michael L. Scudder held zero shares of common stock directly or indirectly.
What does the footnote on this FIBK Form 3 explain?
The footnote states that the reporting person did not beneficially own any common stock at the time of filing the initial Form 3. This confirms that the zero-share figure represents his complete beneficial ownership position then.
What is the ownership form reported by Michael L. Scudder in FIBK?
The filing shows ownership form as Direct (D) with zero common shares. This means if he had any beneficial holdings, they would be directly held, but as disclosed, his beneficial ownership was zero at that time.