Form 4: First Interstate BancSystem Director John Heyneman Jr. Transfers Shares as Gift

Director John M. Heyneman Jr. of First Interstate BancSystem Inc. reports gifting shares of common stock to his son.

Summary

• John M. Heyneman Jr., a director and 10% owner of First Interstate BancSystem Inc. (FIBK), filed a Form 4 detailing changes in his beneficial ownership.
• On February 6, 2025, Heyneman gifted 1,070 shares of common stock to his son.
• Following the transaction, Heyneman directly owns 14,096 shares and indirectly owns 1,416,221 shares.
• The indirect ownership is composed of shares held by various trusts and partnerships, including the 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, but he disclaims beneficial ownership except to the extent of his pecuniary interest.
• Future Forms 4 and 5 may be filed jointly with John Heyneman, Jr., indicating direct or indirect ownership from his perspective.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a gift of shares. It doesn't inherently convey positive or negative 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.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings.

Related Party Transactions

• The gift of shares from John M. Heyneman Jr. to his son is a related party transaction.

Stakeholder Impact

• The transaction has minimal direct impact on stakeholders, as it is a personal transaction of a director and does not affect the company's operations or financial condition.

Key Dates

Keywords

Form 4, beneficial ownership, First Interstate BancSystem, FIBK, John Heyneman Jr., stock gift, director, 10% owner