First Interstate BancSystem (FIBK) CFO receives 3,370-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Della Camera David reported acquisition or exercise transactions in this Form 4 filing.
FIRST INTERSTATE BANCSYSTEM INC Chief Financial Officer David Della Camera reported an equity award of 3,370 shares of common stock in the form of restricted stock units granted at no cash cost. These units are scheduled to vest on June 1, 2029, subject to his continued employment through that date. Following this award, he holds a reported total of 30,048 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Della Camera David
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,370 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,048 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 3,370 shares
Grant price per share: $0.00 per share
Shares after transaction: 30,048 shares
+1 more
4 metrics
RSU grant size
3,370 shares
Restricted stock units awarded on June 1, 2026
Grant price per share
$0.00 per share
Equity award, not open-market purchase
Shares after transaction
30,048 shares
Direct common stock holdings following award
RSU vesting date
June 1, 2029
Vesting conditioned on continued employment
Key Terms
restricted stock units, 2023 Equity and Incentive Plan, vesting, Grant, award, or other acquisition
4 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.
2023 Equity and Incentive Plan financial
"granted to the reporting person pursuant to the Registrant's 2023 Equity and Incentive Plan"
vesting financial
"The restricted stock units vests on June 1, 2029, subject to the reporting person's continued employment"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did FIBK's CFO report on this Form 4?
FIRST INTERSTATE BANCSYSTEM INC CFO David Della Camera reported receiving 3,370 restricted stock units of common stock. The award was recorded at a price of $0.00 per share, reflecting a compensation grant rather than an open-market purchase.
When do David Della Camera's new FIBK restricted stock units vest?
The 3,370 restricted stock units granted to David Della Camera vest on June 1, 2029. Vesting is conditioned on his continued employment with FIRST INTERSTATE BANCSYSTEM INC through that vesting date, as described in the award footnote.
Is the FIBK CFO’s transaction an open-market buy or a compensation grant?
The transaction is a compensation-related grant, not an open-market buy. The Form 4 uses transaction code "A" for a grant or award acquisition at $0.00 per share, consistent with equity compensation rather than cash-funded share purchases.
Under which plan were the FIBK restricted stock units granted to the CFO?
The restricted stock units were granted under FIRST INTERSTATE BANCSYSTEM INC’s 2023 Equity and Incentive Plan. The footnote explains that the 3,370 units are issuable upon vesting, linking the award to this company equity compensation program.