First Interstate BancSystem insider sells 9,390 shares
First Interstate BancSystem insider entities associated with Jonathan R. Scott reported an open-market sale of 9,390 shares of Common Stock.
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Rhea-AI Filing Summary
First Interstate BancSystem insider entities associated with Jonathan R. Scott reported an open-market sale of 9,390 shares of Common Stock. The weighted average price was $36.11 per share, with individual trades ranging from $36.00 to $36.33. Following this transaction, the reporting persons collectively hold 852,738 shares indirectly through various trusts, an LLC, and Jonathan Scott's spouse, reflecting continued significant ownership despite the relatively small sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,390 | $36.11 | $339K |
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 $36.00 to $36.33. 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 488,200 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 sharesheld 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
Key Terms
weighted average price financial
beneficial ownership financial
pecuniary interest financial
ten percent owner financial
indirect ownership financial
FAQ
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