Wilson Bank Holding (OTC: WBHC) director settles 7,500 stock appreciation rights
Rhea-AI Filing Summary
CLEMONS JAMES RANDALL reported disposition transactions in this Form 4 filing.
Wilson Bank Holding Co director James Randall Clemons exercised a cash-settled stock appreciation right covering 7,500 underlying shares of common stock at an exercise price of $40.25 per share. The award became fully vested on 9/26/2021, and all such rights have now been exercised, leaving 0 reported derivative shares outstanding from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,500 shares exercised/converted
Exercise
1 txn
Insider
CLEMONS JAMES RANDALL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights F1 | 7,500 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 0 shares (Direct)
Footnotes (1)
- F1. This cash-settled stock appreciation right became fully vested on 9/26/2021. All shares have been exercised.
Key Figures
Stock appreciation rights exercised: 7,500 shares
Exercise price: $40.25 per share
Underlying common stock: 7,500 shares
+3 more
6 metrics
Stock appreciation rights exercised
7,500 shares
Cash-settled stock appreciation right exercised by director James Randall Clemons
Exercise price
$40.25 per share
Exercise or conversion price of the stock appreciation right
Underlying common stock
7,500 shares
Underlying common stock referenced by the exercised stock appreciation right
Post-transaction derivative balance
0 shares
Total stock appreciation rights reported following the transaction
Vesting date
9/26/2021
Date the cash-settled stock appreciation right became fully vested
Expiration date
2026-09-26
Expiration date associated with the exercised stock appreciation right
Key Terms
Stock Appreciation Rights, cash-settled, derivative security, exercise price
4 terms
Stock Appreciation Rights financial
"security_title is listed as "Stock Appreciation Rights" for the derivative"
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.
cash-settled financial
"This cash-settled stock appreciation right became fully vested on 9/26/2021"
Cash-settled describes a financial contract that is resolved by paying the monetary difference between agreed and actual prices, instead of delivering the underlying asset. For investors, it matters because it simplifies trades—like settling a bet with cash rather than handing over the item—and affects liquidity, tax treatment, and counterparty exposure, since you receive or pay only the value change rather than owning or transferring the actual security or commodity.
derivative security financial
"transaction_code_description notes an Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"conversion_or_exercise_price is shown as 40.2500 per share"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did insider James Randall Clemons report in the Form 4 for WBHC?
James Randall Clemons reported exercising a cash-settled stock appreciation right covering 7,500 underlying shares of Wilson Bank Holding Co common stock at an exercise price of $40.25 per share, fully settling this derivative award.
How many stock appreciation rights did the WBHC director exercise?
The WBHC director exercised rights tied to 7,500 underlying shares. These stock appreciation rights were fully vested and this transaction eliminated the remaining balance from this grant, with 0 derivative shares reported as outstanding afterward.
What was the exercise price of the stock appreciation rights in WBHC’s Form 4?
The stock appreciation rights were exercised at an exercise price of $40.25 per share. This price applies to the 7,500 underlying shares referenced in the award that was fully exercised and cash-settled in the reported transaction.
When did the exercised WBHC stock appreciation rights become fully vested?
The cash-settled stock appreciation right became fully vested on 9/26/2021. After vesting, the director later exercised the full 7,500-share derivative award, and the Form 4 notes that all shares under this right have been exercised.
Does the WBHC Form 4 indicate remaining derivative holdings from this stock right?
For this particular stock appreciation right, the Form 4 shows 0 derivative shares remaining after exercise. A footnote confirms that all shares have been exercised, and the derivative position from this grant is now fully settled.
Was the WBHC director’s Form 4 transaction under a Rule 10b5-1 plan?
No, the filing’s Rule 10b5-1 checkbox is not marked as an affirmatively adopted trading plan. The transaction is reported simply as an exercise of a cash-settled stock appreciation right without plan-based timing noted in the data.