HBT executive granted RSUs, shares withheld for taxes
HBT Financial, Inc. executive Mark W. Scheirer reported equity compensation activity in common stock.
Rhea-AI Filing Summary
HBT Financial, Inc. executive Mark W. Scheirer reported equity compensation activity in common stock. He acquired 1,557 restricted stock units under the HBT Financial, Inc. Omnibus Incentive Plan, which vest in three installments: 33% on February 28, 2027, 33% on February 29, 2028, and 34% on February 28, 2029. He also acquired 1,611 shares of common stock upon settlement of a performance restricted stock unit award originally granted on February 28, 2023. To cover tax obligations on these vestings, 500 shares and 557 shares were disposed of at a price of $26.96 per share through share withholding, rather than open-market sales. Following these transactions, he directly owns 7,317 common shares, and indirectly holds 24,272 shares through the MLNT Family Trust dated May 7, 2020.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 par value | 1,557 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 500 | $26.96 | $13K |
| Grant/Award | Common Stock, $0.01 par value | 1,611 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 557 | $26.96 | $15K |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Footnotes (4)
- F1. The reporting person received 1,557 restricted stock units ("RSUs") under the HBT Financial, Inc. Omnibus Incentive Plan. The RSUs vest in three annual installments, with 33% vesting on February 28, 2027, 33% vesting on February 29, 2028, and 34% vesting on February 28, 2029.
- F2. Represents shares withheld to satisfy the tax obligation on vested restricted stock units.
- F3. Shares of common stock acquired upon settlement of performance restricted stock unit award granted to the reporting person on February 28, 2023.
- F4. Represents shares withheld to satisfy the tax obligation on vested performance restricted stock units.
FAQ
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What insider transactions did HBT (HBT Financial, Inc.) report for Mark W. Scheirer?
How many restricted stock units did Mark W. Scheirer receive from HBT Financial, Inc.?
What is the vesting schedule for Mark W. Scheirer’s new HBT restricted stock units?
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