First Interstate grants 3,843 RSUs to risk chief
Jones Nathan R reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jones Nathan R reported acquisition or exercise transactions in this Form 4 filing.
FIRST INTERSTATE BANCSYSTEM INC disclosed that Chief Risk Officer Nathan R. Jones received a grant of 3,843 shares of Common Stock, effectively tied to restricted stock units valued at $33.13 per share. This is a compensation-related award, not an open-market purchase.
According to the footnote, these restricted stock units were granted under the company’s 2023 Equity and Incentive Plan and will vest in three equal annual installments beginning on March 15, 2027, subject to Jones’s continued employment through each vesting date. Following this award, he holds 3,843 shares directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,843 | $33.13 | $127K |
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 in three equal annual installments beginning on March 15, 2027, subject to the reporting person's continued employment through each applicable vesting date.
FAQ
What did FIRST INTERSTATE BANCSYSTEM (FIBK) disclose in this Form 4?
Is the FIBK insider transaction a market purchase or a compensation grant?
When do Nathan R. Jones’s FIBK restricted stock units vest?
What equity plan governs the FIBK grant to the Chief Risk Officer?
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