HomeTrust CEO exercises options, sells 20K shares
HomeTrust Bancshares President and CEO Hunter Westbrook reported an exercise-and-sell transaction in company stock.
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Rhea-AI Filing Summary
HomeTrust Bancshares President and CEO Hunter Westbrook reported an exercise-and-sell transaction in company stock. He exercised options to acquire 20,000 shares of common stock at $24.95 per share and on the same date sold 20,000 shares in open-market trades at a weighted average price of about $45.65, with individual sale prices ranging from $45.50 to $45.87.
After these transactions, Westbrook directly holds 105,828 common shares, plus 16,776 shares held indirectly through a KSOP. He also retains stock options covering 40,000 shares at $26.00 expiring in 2028 and 10,000 shares at $31.35 expiring in 2032.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 20,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,000 | $24.95 | $499K |
| Sale | Common Stock | 20,000 | $45.6455 | $913K |
| Holding | Stock Option | -- | -- | -- |
| Holding | Stock Option | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.50 to $45.87, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. Represents stock option granted under Issuer's 2013 Omnibus Incentive Plan with the following vesting schedule: 20% increments on February 11, 2023, 2024, 2025, 2026 and 2027.
- F3. Represents stock option granted under Issuer's 2013 Omnibus Incentive Plan with the following vesting schedule: 20% increments on February 11, 2019, 2020, 2021, 2022 and 2023.
Key Figures
Key Terms
KSOP financial
Stock Option financial
weighted average price financial
2013 Omnibus Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HomeTrust (HTB) CEO Hunter Westbrook report in this Form 4?
What stock options in HomeTrust (HTB) does the CEO still own after exercising some?
Was the HomeTrust (HTB) CEO’s sale tied to a derivative exercise?
AI-generated analysis. How Rhea-AI works. Not financial advice.