First Interstate director granted 2,247 RSUs
Johnson Dennis L reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Johnson Dennis L reported acquisition or exercise transactions in this Form 4 filing.
FIRST INTERSTATE BANCSYSTEM INC director Dennis L. Johnson received an equity award covering 2,247 shares of common stock. The award is in the form of restricted stock units granted under the company’s 2023 Equity and Incentive Plan at a grant price of $0.00 per share.
The restricted stock units are scheduled to vest on June 1, 2027, if Johnson continues to serve the company, or earlier if the company’s next annual shareholder meeting occurs before that date. After this grant, he directly holds 19,455 shares of common stock, highlighting a modest, compensation-related increase in his ownership rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,247 | $0.00 | $0.00 |
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 earlier of the applicable vesting date or the date of the Registrant's next annual shareholder meeting.
Key Figures
Key Terms
restricted stock units financial
2023 Equity and Incentive Plan financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FIBK director Dennis L. Johnson report in this Form 4?
When do Dennis L. Johnson’s restricted stock units in FIBK vest?
What conditions apply to Dennis L. Johnson’s FIBK restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.