First Interstate officer surrenders 222 shares for tax
FIBK’s Chief Banking Officer had shares withheld to cover taxes on vesting, remaining directly holding 13,018 shares.
Rhea-AI Filing Summary
FIRST INTERSTATE BANCSYSTEM INC (FIBK) reported that Chief Banking Officer Christopher L. Shepler had 222 shares of common stock disposed on September 10, 2026 to cover minimum required withholding taxes upon vesting of previously unvested shares, at a reference price of $36.88 per share. After this tax-withholding disposition, he holds 13,018 shares of common stock directly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 222 shares
Tax Withholding
1 txn
Insider
Shepler Christopher L.
Role
Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 222 | $36.88 | $8K |
Holdings After Transaction:
Common Stock — 13,018 shares (Direct)
Footnotes (1)
- F1. Disposition to the issuer of issuer securities in payment of minimum required withholding taxes due upon vesting of unvested shares.
Key Figures
Shares disposed for tax withholding: 222 shares
Price per share: $36.88 per share
Shares held after transaction: 13,018 shares
3 metrics
Shares disposed for tax withholding
222 shares
Disposition to issuer on September 10, 2026 for minimum required withholding taxes
Price per share
$36.88 per share
Reference price for the 222 shares disposed for tax withholding
Shares held after transaction
13,018 shares
Direct holdings of Christopher L. Shepler after the September 10, 2026 transaction
Key Terms
withholding taxes, vesting, disposition to the issuer
3 terms
withholding taxes financial
"in payment of minimum required withholding taxes due upon vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
vesting financial
"taxes due upon vesting of unvested shares"
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.
disposition to the issuer financial
"Disposition to the issuer of issuer securities in payment"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FIBK report for Christopher L. Shepler?
FIBK reported that Chief Banking Officer Christopher L. Shepler had 222 shares of common stock disposed on September 10, 2026 to pay minimum required withholding taxes upon vesting of unvested shares, leaving him with 13,018 shares held directly.
Was the FIBK insider transaction an open-market sale?
No. The Form 4 states the 222-share disposition was to the issuer in payment of minimum required withholding taxes due upon vesting of unvested shares, rather than an open-market sale.
Was a Rule 10b5-1 trading plan involved in this FIBK Form 4?
No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the 222-share disposition was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.