HILLS BANCORPORATION director awarded 1,371 stock options
HILLS BANCORPORATION director Roger K. Smith received a grant of stock options as equity compensation.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
HILLS BANCORPORATION director Roger K. Smith received a grant of stock options as equity compensation. He was awarded options on 1,371 shares of common stock at an exercise price of $87.50 per share. These options become exercisable on May 12, 2031 and expire on May 12, 2036.
Insider Trade Summary
Grant/Award: 1,371 shares
Grant/Award
1 txn
Insider
Smith Roger K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 1,371 | $87.50 | $120K |
Holdings After Transaction:
Stock Options — 1,371 contracts (Direct)
Key Figures
Options granted: 1,371 options
Exercise price: $87.50 per share
Underlying shares: 1,371 shares
+3 more
6 metrics
Options granted
1,371 options
Stock options award to director Roger K. Smith
Exercise price
$87.50 per share
Exercise price for the granted stock options
Underlying shares
1,371 shares
Common stock underlying the options
Total options after grant
1,371 options
Total stock options held from this award following transaction
Exercise date
May 12, 2031
Date options become exercisable
Expiration date
May 12, 2036
Date options expire if not exercised
Key Terms
Stock Options, Form 4, exercise price, underlying security
4 terms
Stock Options financial
"security_title: "Stock Options""
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
exercise price financial
"conversion_or_exercise_price: "87.5000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
underlying security financial
"underlying_security_title: "Common Stock""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HILLS BANCORPORATION (HBIA) report for Roger K. Smith?
HILLS BANCORPORATION reported that director Roger K. Smith received a grant of stock options. The award covers 1,371 shares of common stock at an exercise price of $87.50 per share, providing future purchase rights rather than an immediate share sale or open-market purchase.
How many HILLS BANCORPORATION (HBIA) stock options were granted to Roger K. Smith?
Roger K. Smith was granted stock options on 1,371 underlying shares of HILLS BANCORPORATION common stock. Following this grant, his reported stock option holdings from this award total 1,371 options, reflecting a single compensation-related equity grant rather than multiple separate transactions.
What is the exercise price of Roger K. Smith’s HILLS BANCORPORATION (HBIA) stock options?
The stock options granted to Roger K. Smith carry an exercise price of $87.50 per share. This means he can later purchase HILLS BANCORPORATION common stock at $87.50, regardless of the future market price, once the options become exercisable on the stated exercise date.
When do Roger K. Smith’s HILLS BANCORPORATION (HBIA) stock options become exercisable and when do they expire?
The options become exercisable on May 12, 2031 and expire on May 12, 2036. Between those dates, Roger K. Smith can choose to exercise the options and acquire common shares at $87.50 per share, subject to any applicable company or regulatory conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
