Form 4: First Interstate BancSystem Director John Heyneman Jr. Reports Sale of Shares

Director John Heyneman Jr. and related entities report the sale of 550 shares of First Interstate BancSystem Inc. (FIBK) at $30.59 per share.

Summary

• On August 23, 2024, John M. Heyneman Jr., a director and 10% owner of First Interstate BancSystem Inc. (FIBK), reported the sale of 550 shares of common stock at a price of $30.59 per share.
• Following the transaction, Heyneman directly owns 15,166 shares and indirectly owns 1,415,151 shares.
• The indirect ownership is attributed to holdings by John M Heyneman Jr. Trust, Riki Rae Scott Davidson & John Heyneman Jr., Trustees FBO Riki Scott Davidson Exemption Trust Under the Scott Family 1996 Trust, Rae Ann Morss & John Heyneman Jr., Trustees FBO Rae Ann Morss Exemption Trust Under the Scott Family 1996 Trust, Towanda Investments Limited Partnership, Heyneman's spouse, daughter, and sons.
• Heyneman and related entities may be deemed to be part of a group with other stockholders and may share beneficial ownership of securities.
• However, Heyneman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a stock sale. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.

Key Dates