Director at Wilson Bank Holding (WBHC) exercises 10,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilson Bank Holding Co director James Anthony Patton exercised a non-qualified stock option to acquire 10,000 shares of common stock at $81.95 per share. After the transaction, he directly owns 23,000 common shares. The option becomes exercisable in five equal installments beginning on May 18, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Mixed
1 txn
Insider
PATTON JAMES ANTHONY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option | 10,000 | $81.95 | $820K |
Holdings After Transaction:
Non-qualified Stock Option — 23,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options exercised: 10,000 shares
Exercise price: $81.95 per share
Shares owned after: 23,000 shares
+2 more
5 metrics
Options exercised
10,000 shares
Non-qualified Stock Option exercise on May 18, 2026
Exercise price
$81.95 per share
Conversion/exercise price for the non-qualified stock option
Shares owned after
23,000 shares
Total direct common stock holdings following the transaction
Option expiration
May 18, 2036
Expiration date of the non-qualified stock option
Vesting start date
May 18, 2027
Option becomes exercisable in five equal installments from this date
Key Terms
Non-qualified Stock Option, Exercise or conversion of derivative security, Common Stock, direct ownership
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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
direct ownership financial
"ownership_type: "direct" and ownership_code: "D""
FAQ
What did Wilson Bank Holding Co (WBHC) director James Anthony Patton report on this Form 4?
James Anthony Patton reported exercising a non-qualified stock option for 10,000 shares of Wilson Bank Holding Co common stock. The transaction used an exercise price of $81.95 per share and increased his direct ownership to 23,000 common shares after the transaction.
What was the exercise price on James Anthony Patton’s Wilson Bank Holding Co (WBHC) options?
The non-qualified stock option was exercised at $81.95 per share. This price is the fixed exercise price specified for the derivative security, at which 10,000 underlying shares of Wilson Bank Holding Co common stock were acquired in the reported transaction.
What are James Anthony Patton’s Wilson Bank Holding Co (WBHC) holdings after this Form 4 transaction?
Following the reported option exercise, James Anthony Patton holds 23,000 shares of Wilson Bank Holding Co common stock directly. This total reflects his position immediately after acquiring 10,000 shares through the derivative exercise described in the Form 4 filing.
How does the vesting schedule work for the reported Wilson Bank Holding Co (WBHC) non-qualified stock option?
The non-qualified stock option becomes exercisable in five equal installments beginning on May 18, 2027. This means the overall award is structured to vest over time, with one-fifth of the option becoming exercisable on each scheduled installment date after that start.