First Interstate BancSystem (FIBK) grants 1,806 restricted stock units to director
Rhea-AI Filing Summary
TURNER BRIAN KEVIN reported acquisition or exercise transactions in this Form 4 filing.
First Interstate BancSystem director Brian Kevin Turner reported an award of 1,806 restricted stock units, representing common stock, on July 22, 2026 at a reference price of $38.97 per share. The units vest on June 1, 2027, contingent on his continuous service, with 1,806 units reported following the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,806 shares
Net Buy
1 txn
Insider
TURNER BRIAN KEVIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,806 | $38.97 | $70K |
Holdings After Transaction:
Common Stock — 1,806 shares (Direct)
Footnotes (1)
- F1. Shares issuable upon vesting of restricted stock units granted to the reporting person pursuant to the Registrant's 2023 Equity and Incentive Plan. The restricted stock units vest on June 1, 2027, subject to the reporting person's provision of continuous service to the Registrant through the vesting date.
Key Figures
Restricted stock units granted: 1,806 shares
Grant price per share: $38.97
Shares/units following transaction: 1,806 shares
+1 more
4 metrics
Restricted stock units granted
1,806 shares
Grant of restricted stock units on 2026-07-22
Grant price per share
$38.97
Reference price for RSU award on 2026-07-22
Shares/units following transaction
1,806 shares
Total reported common stock/RSUs after the award
Vesting date
June 1, 2027
RSUs vest if continuous service is provided through this date
Key Terms
restricted stock units, Equity and Incentive Plan, continuous service
3 terms
restricted stock units financial
"Shares issuable upon vesting of restricted stock units granted to the reporting person"
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.
Equity and Incentive Plan financial
"granted to the reporting person pursuant to the Registrant's 2023 Equity and Incentive Plan"
continuous service financial
"subject to the reporting person's provision of continuous service to the Registrant"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Brian Kevin Turner report for FIBK?
Brian Kevin Turner reported a grant of 1,806 restricted stock units of First Interstate BancSystem (FIBK). The award was dated July 22, 2026 at a reference price of $38.97 per share and is reported as a direct acquisition, not a market purchase.
How many restricted stock units did FIBK grant to director Brian Kevin Turner?
First Interstate BancSystem granted Brian Kevin Turner 1,806 restricted stock units. These units represent shares of common stock issuable upon vesting and are reported as his entire holding of this award, with 1,806 units shown as owned following the transaction.
When do Brian Kevin Turner’s FIBK restricted stock units vest?
The restricted stock units granted to Brian Kevin Turner vest on June 1, 2027. Vesting is subject to his continuous service with First Interstate BancSystem through that date under the company’s 2023 Equity and Incentive Plan.
What is the reference price for the FIBK restricted stock unit grant to Brian Kevin Turner?
The restricted stock unit grant to Brian Kevin Turner uses a reference price of $38.97 per share. This price is disclosed for the 1,806 units awarded on July 22, 2026, and reflects the per-share value used in reporting the grant.
Is Brian Kevin Turner’s FIBK Form 4 transaction under a Rule 10b5-1 plan?
This transaction is not indicated as being under a Rule 10b5-1 trading plan. The filing’s Rule 10b5-1 checkbox is marked as false, and no footnote states that the grant was made pursuant to such a pre-arranged plan.