WBHC director Lisa Pominski adds 290 stock appreciation rights in new Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POMINSKI LISA reported open-market purchase transactions in this Form 4 filing.
Director Lisa Pominski acquired 290 Stock Appreciation Rights linked to WILSON BANK HOLDING CO common stock. These cash-settled rights have an exercise price of $40.25 per share and expire on September 26, 2026. Following this transaction, Pominski holds 450 Stock Appreciation Rights in total.
The rights became exercisable in five equal installments beginning on September 26, 2017 and fully vested on September 26, 2021.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Net Buy
1 txn
Insider
POMINSKI LISA
Role
Director
Bought
290 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Stock Appreciation Right | 290 | $0.00 | -- |
Holdings After Transaction:
Stock Appreciation Right — 450 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock Appreciation Rights acquired: 290 rights
Exercise price: $40.25 per share
Total Stock Appreciation Rights after transaction: 450 rights
+2 more
5 metrics
Stock Appreciation Rights acquired
290 rights
Derivative transaction on April 7, 2026
Exercise price
$40.25 per share
Cash-settled Stock Appreciation Rights
Total Stock Appreciation Rights after transaction
450 rights
Holdings following reported Form 4 transaction
Expiration date
September 26, 2026
Stock Appreciation Rights term end
Vesting completion date
September 26, 2021
Rights fully vested as of this date
Key Terms
Stock Appreciation Right, Cash-settled Appreciation Right, exercise price, expiration date
4 terms
Stock Appreciation Right financial
"security_title: "Stock Appreciation Right""
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Cash-settled Appreciation Right financial
"This Cash-settled Appreciation Right became exercisable in 5 equal installments"
exercise price financial
"conversion_or_exercise_price: "40.2500""
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.
expiration date financial
"expiration_date: "2026-09-26T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Lisa Pominski report in this Form 4 for WBHC?
Lisa Pominski reported acquiring 290 Stock Appreciation Rights tied to WILSON BANK HOLDING CO common stock. These derivative awards increase her total Stock Appreciation Rights position to 450, providing cash-settled upside based on the company’s share price above a fixed exercise level.
What are the key terms of Lisa Pominski’s Stock Appreciation Rights in WBHC?
Pominski’s Stock Appreciation Rights have an exercise price of $40.25 per share and expire on September 26, 2026. They are cash-settled, meaning she receives cash equal to the appreciation in the stock price over the exercise price, not actual shares.
How many Stock Appreciation Rights does Lisa Pominski hold after this WBHC transaction?
After acquiring 290 additional Stock Appreciation Rights, Pominski holds 450 rights in total. Each right is tied to one share of WILSON BANK HOLDING CO common stock and delivers cash value based on future stock price performance above the $40.25 exercise price.
When did Lisa Pominski’s WBHC Cash-settled Appreciation Rights fully vest?
The Cash-settled Appreciation Rights became exercisable in five equal installments starting September 26, 2017, and fully vested on September 26, 2021. Full vesting means Pominski can exercise all granted rights, subject to the stated expiration date and other plan conditions.
Is Lisa Pominski’s WBHC Stock Appreciation Right award a derivative transaction?
Yes. The filing classifies this as a derivative transaction involving Stock Appreciation Rights with underlying WILSON BANK HOLDING CO common stock. These rights are separate from direct share ownership and are settled in cash based on stock price appreciation over the $40.25 exercise price.