WBHC (WBHC) CEO John McDearman exercises stock appreciation rights into 2,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILSON BANK HOLDING CO President & CEO John McDearman exercised stock appreciation rights that convert into 2,500 shares of common stock. The rights had an exercise price of $47.25 per share and were fully vested as of 06/27/2023. This filing shows a derivative exercise with no reported share sale, and the stock appreciation rights position reported here has been fully exercised, leaving no remaining derivative balance from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,500 shares exercised/converted
Mixed
1 txn
Insider
MCDEARMAN JOHN
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 2,500 | $0.00 | -- |
Holdings After Transaction:
Stock Appreciation Rights — 0 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares from SAR exercise: 2,500 shares
SAR exercise price: $47.25 per share
Transactions classified as exercises: 1 transaction
+1 more
4 metrics
Shares from SAR exercise
2,500 shares
Underlying common stock from exercised stock appreciation rights
SAR exercise price
$47.25 per share
Conversion or exercise price of stock appreciation rights
Transactions classified as exercises
1 transaction
Derivative exercise or conversion reported on this Form 4
Exercised SARs
2,500 rights
Stock appreciation rights fully exercised from this grant
Key Terms
Stock Appreciation Rights, Exercise or conversion of derivative security, Common Stock, derivative exercise/conversion
4 terms
Stock Appreciation Rights financial
"This Stock Appreciation Right fully vested on 06/27/2023."
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
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.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
What insider transaction did WBHC President & CEO John McDearman report?
John McDearman reported exercising stock appreciation rights into 2,500 shares of common stock. The rights carried a $47.25 exercise price and were fully vested before exercise, reflecting a compensation-related derivative conversion rather than an open-market stock purchase or sale.
What was the exercise price of John McDearman’s stock appreciation rights at WBHC?
The stock appreciation rights carried an exercise price of $47.25 per share. Exercising these rights converted the derivative award into 2,500 shares of common stock, consistent with typical equity-based executive compensation structures at financial institutions.
Are there any remaining stock appreciation rights for John McDearman from this WBHC grant?
According to the Form 4 footnote, all shares under this stock appreciation right grant have been exercised. The derivative summary shows no remaining position from this specific grant, indicating that this award is now fully converted into common stock holdings.