Director Sonya Little granted 1,187 Hancock Whitney (HWC) shares as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Little Sonya C reported acquisition or exercise transactions in this Form 4 filing.
Hancock Whitney Corp director Sonya C. Little received a restricted stock award of 1,187 shares of Common Stock, valued at $67.41 per share, as compensation. The grant was made under the company’s 2020 Long Term Incentive Plan and has a one-year vesting period.
According to the filing, the shares are to be deferred upon vesting rather than delivered immediately. After this award, Little directly holds a total of 19,788.6283 shares of Hancock Whitney Common Stock. This is a routine equity compensation grant, not an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Little Sonya C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,187 | $67.41 | $80K |
Holdings After Transaction:
Common Stock — 19,788.628 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 award: 1,187 shares
Grant price per share: $67.41 per share
Post-transaction holdings: 19,788.6283 shares
+1 more
4 metrics
Restricted stock award
1,187 shares
Grant to director Sonya C. Little
Grant price per share
$67.41 per share
Value used for the restricted stock award
Post-transaction holdings
19,788.6283 shares
Total Common Stock directly held after the award
Vesting period
One year
Restricted Stock Award under 2020 Long Term Incentive Plan
Key Terms
Restricted Stock Award, 2020 Long Term Incentive Plan, vesting, deferred upon vesting, +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."
vesting financial
"These awards have a one year vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
deferred upon vesting financial
"Shares to be deferred upon vesting."
transaction code "A" financial
"transaction_code": "A", "transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Hancock Whitney (HWC) director Sonya C. Little report in this Form 4?
Sonya C. Little reported receiving a restricted stock award of 1,187 Hancock Whitney Common Stock shares. The award is compensation, not an open-market purchase, and was granted under the company’s 2020 Long Term Incentive Plan with specific vesting and deferral terms.
Is the Hancock Whitney (HWC) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Director Sonya C. Little received 1,187 shares coded as an acquisition from a grant or award, tied to the 2020 Long Term Incentive Plan with restricted stock and vesting conditions.
What are the vesting and deferral terms of Sonya C. Little’s Hancock Whitney (HWC) restricted stock award?
The restricted stock award vests over one year under Hancock Whitney’s 2020 Long Term Incentive Plan. Footnotes state the shares will be deferred upon vesting, meaning delivery is postponed even after vesting instead of being immediately available as regular stock.
What does transaction code "A" mean in the Hancock Whitney (HWC) Form 4 filing?
Transaction code "A" indicates an acquisition from a grant, award, or similar source. In this case, it reflects a restricted stock award of 1,187 Hancock Whitney shares to director Sonya C. Little, rather than an open-market stock purchase at prevailing trading prices.