First Interstate EVP covers taxes with 1,241 shares
First Interstate BancSystem executive Kristina Robbins reported a routine tax-withholding transaction in company stock.
Rhea-AI Filing Summary
First Interstate BancSystem executive Kristina Robbins reported a routine tax-withholding transaction in company stock. On this Form 4, 1,241 shares of common stock were withheld at $33.22 per share to cover her tax obligations when a previously reported restricted stock unit award vested. After this non‑market disposition, she holds 18,887 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,241 shares
Exercise Price or Tax Liability
1 txn
Insider
Robbins Kristina
Role
EVP, Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,241 | $33.22 | $41K |
Holdings After Transaction:
Common Stock — 18,887 shares (Direct)
Footnotes (1)
- F1. Number of shares of common stock withheld to satisfy the reporting person's tax withholding obligations upon vesting of a previously reported restricted stock unit award.
FAQ
What insider transaction did Kristina Robbins report at FIBK?
Kristina Robbins reported a tax-related share disposition in First Interstate BancSystem stock. The Form 4 shows shares were withheld to satisfy her tax obligations upon vesting of a previously reported restricted stock unit award, rather than through an open-market trade.
Is Kristina Robbins' Form 4 transaction an open-market sale of FIBK stock?
No, the reported transaction is not an open-market sale. The Form 4 lists transaction code F, indicating shares were withheld to pay tax liabilities on a vesting restricted stock unit award, a standard administrative disposition rather than a discretionary buy or sell in the market.
What does transaction code F mean in Kristina Robbins' Form 4 for FIBK?
Transaction code F indicates a tax-withholding disposition. In this case, 1,241 shares of First Interstate BancSystem common stock were delivered to cover Kristina Robbins’ tax liability when a restricted stock unit award vested, rather than being sold by her in the open market.
What is Kristina Robbins' role at First Interstate BancSystem (FIBK)?
Kristina Robbins serves as Executive Vice President and Chief Operations Officer. Her Form 4 identifies her as an officer of First Interstate BancSystem, and the reported transaction reflects routine tax withholding associated with equity compensation in the form of restricted stock unit awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.