FIBK director granted 2,247 restricted stock units
SCUDDER MICHAEL L reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SCUDDER MICHAEL L reported acquisition or exercise transactions in this Form 4 filing.
FIRST INTERSTATE BANCSYSTEM INC director Michael L. Scudder received an equity award of 2,247 shares of Common Stock in the form of restricted stock units. The award was granted at no cash cost per share and increased his directly held position to 4,126 shares.
The restricted stock units were granted under the company’s 2023 Equity and Incentive Plan and are scheduled to vest on June 1, 2027. Vesting is conditioned on Scudder providing continuous service to the company through the earlier of the vesting date or the company’s next annual shareholder meeting.
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 persons 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
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FIRST INTERSTATE BANCSYSTEM (FIBK) report for Michael L. Scudder?
When do Michael L. Scudder’s restricted stock units in FIRST INTERSTATE BANCSYSTEM (FIBK) vest?
Was cash paid for the restricted stock units reported in FIRST INTERSTATE BANCSYSTEM (FIBK) Form 4?
Under which plan were the FIRST INTERSTATE BANCSYSTEM (FIBK) restricted stock units granted to Michael L. Scudder?
AI-generated analysis. How Rhea-AI works. Not financial advice.