Form 4: First Interstate BancSystem Director John Heyneman Jr. Reports Transaction
SEC Form 4
Director John M. Heyneman Jr. reports a transaction involving First Interstate BancSystem Inc. common stock.
Summary
- John M. Heyneman Jr., a director and 10% owner of First Interstate BancSystem Inc. (FIBK), reported a transaction on February 26, 2025.
- The transaction involved the sale of 250 shares of common stock at a price of $30.52 per share.
- Following the transaction, Heyneman directly owns 14,096 shares and indirectly owns 1,414,636 shares.
- The indirect ownership is held through various trusts and a limited partnership, including the John M Heyneman Jr. Trust, Riki Rae Scott Davidson Exemption Trust, Rae Ann Morss Exemption Trust, and Towanda Investments Limited Partnership.
- Heyneman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
- The reporting persons expect to file future Forms 4 and 5, if any, together with John Heyneman, Jr. with the indication of direct or indirect ownership in Table I being made from John Heyneman, Jr.'s perspective.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by a company director, indicating a neutral sentiment.
Future Outlook
The reporting persons expect to file future Forms 4 and 5, if any, together with John Heyneman, Jr. with the indication of direct or indirect ownership in Table I being made from John Heyneman, Jr.'s perspective.
Management Comments
- Each of the reporting persons disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein.
Industry Context
This filing is a routine disclosure of insider transactions, which is a normal part of corporate governance and provides transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of the reported transaction (sale of common stock) |
| 02/26/2025 | Date of signature by Attorney-in-Fact for Reporting Person |
| 02/26/2025 | Date of signature by Attorney-in-Fact for Reporting Person |
| 02/26/2025 | Date of signature by Attorney-in-Fact for Reporting Person |
| 02/26/2025 | Date of signature by Attorney-in-Fact for Reporting Person |
| 02/26/2025 | Date of signature by Attorney-in-Fact for Reporting Person |
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