Hancock Whitney (HWC) director granted 1,187 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hancock Whitney Corp director Moses H. Feagin reported an acquisition of company stock through a compensation grant. He received a restricted stock award of 1,187 shares of Common Stock at $67.41 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. After this grant, Feagin directly holds 2,937.09 shares, which also includes shares previously acquired through the company’s Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Feagin Moses H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,187 | $67.41 | $80K |
Holdings After Transaction:
Common Stock — 2,937.09 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. Includes shares acquired through the Dividend Reinvestment Plan since the reporting person's last Form 4 filing.
Key Figures
Restricted shares granted: 1,187 shares
Grant price per share: $67.41 per share
Shares owned after grant: 2,937.09 shares
+1 more
4 metrics
Restricted shares granted
1,187 shares
Restricted Stock Award under 2020 Long Term Incentive Plan
Grant price per share
$67.41 per share
Value used for the restricted stock award
Shares owned after grant
2,937.09 shares
Direct holdings following the reported transaction
Vesting period
One year
Vesting for the restricted stock award
Key Terms
Restricted Stock Award, 2020 Long Term Incentive Plan, Dividend Reinvestment Plan, deferred upon vesting
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
"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.
deferred upon vesting financial
"Shares to be deferred upon vesting."
FAQ
What did Moses H. Feagin report in this Hancock Whitney (HWC) Form 4 filing?
Moses H. Feagin reported receiving a restricted stock award of 1,187 shares of Hancock Whitney Common Stock. The grant was made under the company’s 2020 Long Term Incentive Plan and is classified as a grant, award, or other acquisition transaction.
Is the Hancock Whitney (HWC) stock award to Moses H. Feagin immediately vested?
No, the restricted stock award has a one-year vesting period. The filing states the award was granted under the company’s 2020 Long Term Incentive Plan and that the shares are to be deferred upon vesting, delaying actual share delivery until vesting occurs.
Was Moses H. Feagin’s Hancock Whitney (HWC) transaction an open-market stock purchase?
No, the transaction is coded as a grant, award, or other acquisition, not an open-market purchase. It represents a restricted stock award granted in accordance with Hancock Whitney’s 2020 Long Term Incentive Plan, rather than a voluntary market trade.