FIBK insider entities sell 4,500 shares at $36.29
FIRST INTERSTATE BANCSYSTEM INC insider entities associated with ten percent owner Jonathan R. Scott reported an open-market sale of 4,500 shares of Common Stock.
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Form Type
4
Rhea-AI Filing Summary
FIRST INTERSTATE BANCSYSTEM INC insider entities associated with ten percent owner Jonathan R. Scott reported an open-market sale of 4,500 shares of Common Stock. The shares were sold at a weighted average price of $36.29 per share, with individual trade prices ranging from $36.01 to $36.45.
After this transaction, the filing shows 862,128 shares of Common Stock held indirectly across the Jonathan R. Scott trust, an LLC, several family trusts, and shares held by Scott’s spouse, reflecting a large remaining position.
Insider Trade Summary
Net Seller: 4,500 shares
Net Sell
1 txn
Insider
Scott Jonathan R, Jonathan Scott as Trustee of the Jonathan R Scott Trust Dated as of 4/21/04, Harrison William Scott Trust, Harper Grace Scott Trust, Holland Elizabeth Scott Trust, IXL Ltd Liability Co
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
4,500 shs ($163K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,500 | $36.29 | $163K |
Holdings After Transaction:
Common Stock — 862,128 shares (Indirect, See Footnote)
Footnotes (3)
- F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.01 to $36.45. The reporting person undertakes to provide to First Interstate BancSystem, Inc., any security holder of First Interstate BancSystem, Inc., or the staff of the Securities and Exchange Commission, upon, request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- F2. Composed of 497,590 shares held of record by Jonathan Scott as Trustee of the Jonathan R Scott Trust Dated as of 4/21/04, 209,678 shares held of record by IXL Limited Liability Company, 36,553 shares held of record by Holland Elizabeth Scott Trust, 36,553 shares held of record by Harper Grace Scott Trust, 36,554 shares held of record by Harrison William Scott Trust and 45,200 shares held of record by Jonathan Scott's spouse.
- F3. As a result of certain agreements entered into by and among the reporting persons, the Issuer, and certain other stockholders of the Issuer, the reporting persons may be deemed members of a group with the other signatories thereto and may be deemed to share beneficial ownership of the securities reported herein. Each of the reporting persons disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The reporting persons expect to file future Forms 4 and 5, if any, together with Jonathan R. Scott with the indication of direct or indirect ownership in Table I and Table II being made from Jonathan R. Scott's perspective. The nature of beneficial ownership is described in detail by footnote for all reporting persons.
Key Figures
Shares sold: 4,500 shares
Weighted average sale price: $36.29/share
Post-transaction holdings: 862,128 shares
+1 more
4 metrics
Shares sold
4,500 shares
Open-market sale of Common Stock
Weighted average sale price
$36.29/share
Price for 4,500 shares sold
Post-transaction holdings
862,128 shares
Indirectly held Common Stock after sale
Sale price range
$36.01–$36.45/share
Range of individual trade prices
Key Terms
weighted average price, open-market sale, beneficial ownership, pecuniary interest, +1 more
5 terms
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership financial
"may be deemed to share beneficial ownership of the securities reported herein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein."
ten percent owner financial
"is_ten_percent_owner: 1"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FIBK report in this Form 4?
FIRST INTERSTATE BANCSYSTEM INC reported that entities associated with ten percent owner Jonathan R. Scott sold 4,500 shares of Common Stock. The transaction was an open-market sale, disclosed as a routine Form 4 insider trading report.
Who is the reporting person in the FIBK Form 4 filing?
The Form 4 lists ten percent owner Jonathan R. Scott and related entities, including multiple family trusts and an LLC. The filing explains that these parties may be deemed part of a group and share beneficial ownership for reporting purposes.
Was the FIBK insider sale made directly by Jonathan R. Scott?
The shares are reported as held indirectly, with ownership attributed to trusts, an LLC, and Scott’s spouse. The filing states beneficial ownership is shared among these entities, with each reporting person only to the extent of their pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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