Hancock Whitney director receives stock award
HANCOCK WHITNEY CORP director Harry Merritt Lane III reported a new equity award and updated holdings.
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Form Type
4
Rhea-AI Filing Summary
HANCOCK WHITNEY CORP director Harry Merritt Lane III reported a new equity award and updated holdings. He received a Restricted Stock Award$67.41
After this grant, Lane directly holds 10,397.84132,000
Insider Trade Summary
Grant/Award: 1,187 shares
Grant/Award
2 txns
Insider
LANE HARRY MERRITT III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,187 | $67.41 | $80K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,397.8413 shares (Direct);
Common Stock — 2,000 shares (Indirect, Trust for M Lane III)
Footnotes (3)
- F1. Restricted Stock Award granted in accordance with the Company's 2020 Long Term Incentive Plan. These awards have a one year vesting
- F2. Shares to be deferred upon vesting.
- F3. Includes shares acquired through the Dividend Reinvestment Plan since the reporting person's last Form 4 filing.
Key Figures
Restricted Stock Award: 1,187 shares
Grant reference price: $67.41 per share
Direct holdings after grant: 10,397.8413 shares
+1 more
4 metrics
Restricted Stock Award
1,187 shares
Grant of Common Stock under 2020 Long Term Incentive Plan
Grant reference price
$67.41 per share
Price per share for 1,187-share Restricted Stock Award
Direct holdings after grant
10,397.8413 shares
Common Stock directly owned following reported transactions
Indirect trust holdings
2,000 shares
Common Stock held in trust for M Lane III
Key Terms
Restricted Stock Award, 2020 Long Term Incentive Plan, Dividend Reinvestment Plan, indirect ownership
4 terms
Restricted Stock Award financial
"Restricted Stock Award granted in accordance with the Company's 2020 Long Term Incentive Plan."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2020 Long Term Incentive Plan financial
"Restricted Stock Award granted in accordance with the Company's 2020 Long Term Incentive Plan."
Dividend Reinvestment Plan financial
"Includes shares acquired through the Dividend Reinvestment Plan since the reporting person's last Form 4 filing."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
indirect ownership financial
"Common Stock ... indirect ... nature_of_ownership: Trust for M Lane III"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HWC director Harry Merritt Lane III report?
HWC director Harry Merritt Lane III reported receiving a Restricted Stock Award of 1,187 Common Stock shares at $67.41 per share. This was a compensation-related grant under the company’s 2020 Long Term Incentive Plan, not an open-market purchase or sale.
What are the key terms of the HWC restricted stock granted to Harry Merritt Lane III?
The Restricted Stock Award to Harry Merritt Lane III covers 1,187 Common Stock shares at $67.41 per share. It was granted under the 2020 Long Term Incentive Plan, features a one-year vesting period, and the shares are to be deferred when they vest.
Is Harry Merritt Lane III’s HWC Form 4 transaction a market trade?
The primary HWC Form 4 transaction is not a market trade. It is a grant or award of 1,187 restricted shares as compensation under the long-term incentive plan, rather than an open-market buy or sell transaction at the holder’s discretion.
How does the Dividend Reinvestment Plan affect Harry Merritt Lane III’s HWC holdings?
The filing notes that Lane’s direct share total includes stock acquired through the Dividend Reinvestment Plan since his last Form 4. This means some shares were added automatically as cash dividends were reinvested into additional Hancock Whitney Common Stock.
What indirect HWC ownership does Harry Merritt Lane III report?
In addition to direct holdings, the Form 4 reports an indirect position of 2,000 Hancock Whitney Common Stock shares. These are held in a trust for M Lane III, indicating beneficial ownership through a separate legal entity rather than in his individual name.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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