FIRST INTERSTATE BANCSYSTEM (NASDAQ: FIBK) CCO Ryan Boschee reports 10,930-share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
FIRST INTERSTATE BANCSYSTEM INC reported the initial holdings of Chief Credit Officer Ryan J. Boschee on a Form 3. He holds 10,930 shares of common stock directly, including 3,845 unvested time-based restricted stock units, each convertible into one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boschee Ryan J.
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,930 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total common shares held: 10,930 shares
Unvested restricted stock units: 3,845 units
2 metrics
Total common shares held
10,930 shares
Direct holdings reported on Form 3
Unvested restricted stock units
3,845 units
Time-based RSUs, each for one common share upon vesting
Key Terms
restricted stock units, time-based, unvested
3 terms
restricted stock units financial
"Includes 3,845 unvested time-based restricted stock units, each entitling the holder..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based financial
"Includes 3,845 unvested time-based restricted stock units, each entitling the holder..."
unvested financial
"Includes 3,845 unvested time-based restricted stock units, each entitling the holder..."
FAQ
What does the Form 3 filing for FIBK and Ryan J. Boschee show?
The Form 3 shows Chief Credit Officer Ryan J. Boschee’s initial ownership in FIRST INTERSTATE BANCSYSTEM INC, reporting 10,930 common shares, including 3,845 unvested restricted stock units that each convert into one share upon vesting.
What restricted stock units are disclosed in the FIBK Form 3 for Boschee?
The filing notes 3,845 unvested time-based restricted stock units for Ryan J. Boschee. Each restricted stock unit entitles him to receive one share of FIRST INTERSTATE BANCSYSTEM common stock when the applicable vesting conditions are satisfied.
Does the FIBK Form 3 show any recent insider buying or selling by Boschee?
The Form 3 is an initial ownership report and does not reflect recent buying or selling activity. It simply establishes Ryan J. Boschee’s existing direct holdings, including both currently owned shares and unvested restricted stock units.
Is Ryan J. Boschee’s ownership in FIBK direct or indirect?
The Form 3 describes his 10,930-share position as direct ownership. This total includes 3,845 unvested restricted stock units, which will convert into additional directly held shares upon satisfaction of the time-based vesting conditions.