Director at Hancock Whitney (HWC) receives new restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liollio Dean reported acquisition or exercise transactions in this Form 4 filing.
HANCOCK WHITNEY CORP director Dean Liollio received a restricted stock award of 1,187 shares of Common Stock. The award was valued at $67.41 per share on the grant date and was issued as compensation, not as an open-market purchase.
The restricted stock was granted under the Company's 2020 Long Term Incentive Plan and carries a one-year vesting period. Upon vesting, the shares are to be deferred rather than delivered immediately. After this grant, Liollio directly holds a total of 32,089.6634 shares of Hancock Whitney common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Liollio Dean
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,187 | $67.41 | $80K |
Holdings After Transaction:
Common Stock — 32,089.663 shares (Direct, null)
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 granted: 1,187 shares
Grant-date value per share: $67.41 per share
Shares held after grant: 32,089.6634 shares
+1 more
4 metrics
Restricted stock granted
1,187 shares
Common Stock award to director Dean Liollio
Grant-date value per share
$67.41 per share
Reported price for restricted stock award
Shares held after grant
32,089.6634 shares
Total direct holdings following the transaction
Vesting period
1 year
Restricted Stock Award under 2020 Long Term Incentive Plan
Key Terms
Restricted Stock Award, 2020 Long Term Incentive Plan, deferred upon vesting, Grant, award, or other acquisition
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."
deferred upon vesting financial
"Shares to be deferred upon vesting."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Hancock Whitney (HWC) director Dean Liollio report?
Director Dean Liollio reported receiving a grant of 1,187 shares of Hancock Whitney common stock. The transaction was coded as a grant or award under a company plan, rather than an open-market purchase, and increased his direct holdings to 32,089.6634 shares.
Was the Hancock Whitney (HWC) Form 4 transaction a stock purchase or a grant?
The Form 4 transaction for Hancock Whitney director Dean Liollio was a stock grant, not a market purchase. It is classified as a restricted stock award under the Company’s 2020 Long Term Incentive Plan, reflecting equity compensation rather than a discretionary share buy.
What are the vesting terms of the Hancock Whitney (HWC) restricted stock granted to Dean Liollio?
The restricted stock award to Dean Liollio has a one-year vesting period. According to the footnotes, these shares are granted under the 2020 Long Term Incentive Plan and are to be deferred upon vesting, rather than immediately delivered as freely tradable stock.