Form 4: First Interstate BancSystem Director Jonathan Scott Reports Acquisition and Disposal of Shares

Jonathan Scott, a director and 10% owner of First Interstate BancSystem, reports the acquisition of 3,579 shares and disposal of 14,114 shares of common stock on June 1, 2024, along with indirect ownership of over one million shares through various trusts and entities.

Summary

• On June 1, 2024, Jonathan Scott, a director and 10% owner of First Interstate BancSystem Inc. (FIBK), acquired 3,579 shares of common stock.
• On the same day, Scott disposed of 14,114 shares of common stock.
• These transactions were reported on a Form 4 filing with the SEC.
• Scott also indirectly owns 1,051,162 shares through the Jonathan R Scott Trust, IXL Limited Liability Company, Holland Elizabeth Scott Trust, Harper Grace Scott Trust, Harrison William Scott Trust, and shares held by his spouse.
• The reporting persons may be deemed members of a group and may be deemed to share beneficial ownership of the securities reported.
• The reporting persons expect to file future Forms 4 and 5 together with Jonathan R. Scott.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by an insider, indicating a neutral sentiment.

Future Outlook

The reporting persons expect to file future Forms 4 and 5 together with Jonathan R. Scott.

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 stock transactions by a company insider, which is common in the financial industry to ensure transparency and prevent insider trading.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key insider.
• The filing ensures transparency for all stakeholders regarding insider trading activities.

Key Dates