Form 4: First Interstate BancSystem Director John Heyneman Jr. Reports Transaction

Director John M. Heyneman Jr. reports a transaction involving First Interstate BancSystem Inc. common stock.

Summary

• On February 14, 2025, John M. Heyneman Jr., a director and 10% owner of First Interstate BancSystem Inc. (FIBK), reported a transaction.
• He sold 1,335 shares of common stock at a price of $32.56 per share.
• Following the transaction, Heyneman directly owns 14,096 shares and indirectly owns 1,414,886 shares.
• The indirect ownership is held through various trusts and partnerships, including 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, and Towanda Investments Limited Partnership.
• Heyneman is part of a group of stockholders who may be deemed to share beneficial ownership of the securities.
• He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a sale of shares by a director, which could be for various personal financial reasons and doesn't necessarily reflect a negative outlook on the company.

Stakeholder Impact

• The transaction may have a minor impact on shareholders, depending on their interpretation of the director's sale.

Key Dates