Wilson Bank (WBHC) director exercises 2,000 options for more shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilson Bank Holding Co director Clinton M. Swain exercised stock options to acquire additional common shares. He exercised 2,000 Non-qualified Stock Options at an exercise price of $55.75 per share, receiving 2,000 shares of Common Stock valued at $81.95 per share on the transaction date. Following this transaction, his direct Common Stock holdings increased to 13,769 shares, which includes shares issued through the company’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,000 shares exercised/converted
Mixed
2 txns
Insider
Swain Clinton M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option | 2,000 | $0.00 | -- |
| Exercise | Common Stock | 2,000 | $81.95 | $164K |
Holdings After Transaction:
Non-qualified Stock Option — 4,000 shares (Direct);
Common Stock — 13,769 shares (Direct)
Footnotes (1)
- Includes shares issued pursuant to the dividend reinvestment plan. This Non-qualified Stock Option became exercisable in 5 equal installments beginning on 05/05/2020 and fully vested on 05/05/2025.
Key Figures
Options exercised: 2,000 options
Exercise price: $55.75 per share
Common Stock acquired: 2,000 shares
+2 more
5 metrics
Options exercised
2,000 options
Non-qualified Stock Options exercised on 2026-04-09
Exercise price
$55.75 per share
Non-qualified Stock Option exercise price
Common Stock acquired
2,000 shares
Shares received from option exercise on 2026-04-09
Reported share value
$81.95 per share
Value per Common Stock share in exercise entry
Holdings after transaction
13,769 shares
Direct Common Stock held after option exercise
Key Terms
Non-qualified Stock Option, dividend reinvestment plan, exercise price, fully vested
4 terms
Non-qualified Stock Option financial
"security_title: "Non-qualified Stock Option""
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
dividend reinvestment plan financial
"Includes shares issued pursuant to the dividend reinvestment plan."
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.
exercise price financial
"conversion_or_exercise_price: "55.7500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
fully vested financial
"fully vested on 05/05/2025."
FAQ
What did Clinton M. Swain do in this Form 4 for WBHC?
Clinton M. Swain exercised stock options to acquire more Wilson Bank Holding Co shares. He converted 2,000 Non-qualified Stock Options into 2,000 Common Stock shares in a compensation-related transaction, rather than making an open-market purchase or sale.
What prices were involved in Clinton Swain’s WBHC option exercise?
The Non-qualified Stock Options had an exercise price of $55.75 per share, while the acquired Common Stock shares are reported at $81.95 per share. This reflects the difference between the option strike price and the stock’s market value on the exercise date.
Was this Wilson Bank Form 4 an open-market sale or purchase?
No, the Form 4 reflects an option exercise rather than an open-market trade. The transactions are coded as derivative exercises, meaning existing Non-qualified Stock Options were converted into Common Stock shares as part of equity compensation.