HWC Form 4: Director Wilkins Reports 31.62-Share Acquisition via DRIP
Rhea-AI Filing Summary
Carleton Richard Wilkins, a director of Hancock Whitney Corp (HWC), reported a non-derivative purchase of common stock on 09/26/2025. The filing shows an acquisition of 31.62 shares at a price of $63.26 per share, bringing the reporting person’s total direct beneficial ownership to 17,818.8023 shares. The report also discloses indirect holdings of 600 shares via a Children’s Trust and 1,177 shares attributed to a spouse. The filing notes the reported shares include shares acquired through the company’s Dividend Reinvestment Plan. The form was signed by a power of attorney on 09/30/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider share purchase via DRIP; disclosure confirms holdings and routine insider activity.
The transaction is a modest non-derivative purchase of 31.62 common shares at $63.26, consistent with dividend reinvestment activity rather than a material open-market purchase. Total direct beneficial ownership is reported as 17,818.8023 shares with additional indirect holdings of 600 and 1,177 shares. As a director-level filing, this is a routine Section 16 disclosure that increases transparency about insider ownership but appears immaterial to company valuation given the size disclosed.
TL;DR: Proper timely disclosure by a director, transaction appears administrative and non-material.
The Form 4 was filed to report acquisition activity and lists the reporting person as a director. The explanatory note clarifies the inclusion of Dividend Reinvestment Plan shares since the last filing, which often results in fractional-share reporting and unusual decimals in total holdings. The signature by POA and the timely date stamps indicate compliance with filing procedures. No derivatives, option exercises, or other compensatory grants are reported.