FIBK insider acquires 1,591 shares at $31.42 in equity award

First Interstate BancSystem Inc. (FIBK) reported an insider equity award to its Chief Banking Officer on a Form 4.

Rhea-AI Filing Summary

First Interstate BancSystem Inc. (FIBK) reported an insider equity award to its Chief Banking Officer on a Form 4. On 11/24/2025, the officer acquired 1,591 shares of common stock at a price of $31.42 per share, increasing direct beneficial ownership to 3,899 shares after the transaction.

The new shares are tied to restricted stock units granted under the company’s 2023 Equity and Incentive Plan. These units will vest in three equal annual installments beginning on November 24, 2026, and each installment requires the officer to remain employed through the applicable vesting date.

Insider Trade Summary

Grant/Award: 1,591 shares

Grant/Award 1 txn

Insider Shepler Christopher L.

Role Chief Banking Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,591	$31.42	$50K

Holdings After Transaction: Common Stock — 3,899 shares (Direct)

Footnotes (1)

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 November 24, 2026, subject to the reporting person's continued employment through each applicable vesting date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FIBK report on this Form 4?

The Chief Banking Officer of First Interstate BancSystem Inc. (FIBK) reported acquiring 1,591 shares of common stock on 11/24/2025 through an equity award.

What is the price and size of the FIBK equity award reported?

The reported award covers 1,591 shares of FIBK common stock at a price of $31.42 per share.

How many FIBK shares does the reporting person own after this transaction?

Following the reported transaction, the Chief Banking Officer beneficially owns 3,899 shares of FIBK common stock in direct ownership.

Under what plan were the FIBK restricted stock units granted?

The restricted stock units were granted under First Interstate BancSystem’s 2023 Equity and Incentive Plan.

When do the FIBK restricted stock units start vesting?

The restricted stock units begin vesting in three equal annual installments starting on November 24, 2026, subject to continued employment on each vesting date.

What is the role of the insider involved in this FIBK Form 4?

The reporting person is an officer of FIBK, serving as Chief Banking Officer, and files the Form 4 as a single reporting person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/24/2025 - 01:52 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shepler Christopher L.

(Last) (First) (Middle)

401 N. 31ST ST.

(Street)

BILLINGS MT 59101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST INTERSTATE BANCSYSTEM INC [ FIBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Banking Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/24/2025		A		1,591(1)	A	$31.42	3,899	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 November 24, 2026, subject to the reporting person's continued employment through each applicable vesting date.

Remarks:

	/s/ Kirk D. Jensen, Attorney-in-Fact for Reporting Person	11/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.