Hancock Whitney (HWC) director receives 1,187 restricted shares, lifts holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilkins Carleton Richard reported acquisition or exercise transactions in this Form 4 filing.
HANCOCK WHITNEY CORP director Carleton Richard Wilkins reported an equity award and updated holdings. He received a Restricted Stock Award of 1,187 shares of Common Stock at $67.4100 per share under the company’s 2020 Long Term Incentive Plan. The award has a one-year vesting period and the shares are to be deferred upon vesting, so this is compensation rather than an open-market purchase.
Following the award, Wilkins directly holds 19,190.8623 common shares. The filing also reports indirect holdings of 1,177 shares held by his spouse and 400 shares held in a Children’s Trust, reflecting family-related positions rather than new market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wilkins Carleton Richard
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,187 | $67.41 | $80K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,190.862 shares (Direct, null);
Common Stock — 400 shares (Indirect, Childrens Trust)
Footnotes (1)
- Restricted Stock Award granted in accordance with the Company's 2020 Long Term Incentive Plan. These awards have a one year vesting Shares to be deferred upon vesting.
Key Figures
Restricted Stock Award: 1,187 shares
Grant value per share: $67.4100 per share
Direct holdings after award: 19,190.8623 shares
+3 more
6 metrics
Restricted Stock Award
1,187 shares
Grant of Common Stock under 2020 Long Term Incentive Plan
Grant value per share
$67.4100 per share
Value used for Restricted Stock Award
Direct holdings after award
19,190.8623 shares
Common Stock directly owned following the grant
Spouse indirect holdings
1,177 shares
Common Stock held indirectly through spouse
Children’s Trust holdings
400 shares
Common Stock held indirectly via Children’s Trust
Vesting period
1 year
Restricted Stock Award vesting term
Key Terms
Restricted Stock Award, 2020 Long Term Incentive Plan, deferred upon vesting, indirect ownership, +1 more
5 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."
deferred upon vesting financial
"Shares to be deferred upon vesting."
indirect ownership financial
"Indirect holdings reported as Spouse and Childrens Trust."
Childrens Trust financial
"nature_of_ownership: Childrens Trust for 400.0000 shares."
FAQ
What did HWC director Carleton Richard Wilkins report in his latest Form 4?
He reported receiving a Restricted Stock Award of 1,187 Hancock Whitney (HWC) common shares as compensation. The award was granted under the 2020 Long Term Incentive Plan, has a one-year vesting period, and the shares will be deferred upon vesting according to the filing.