Form 4: First Interstate BancSystem Director Risa Kae Scott Reports Indirect Disposition of Shares

Director Risa Kae Scott reports an indirect disposition of 3,210 shares of First Interstate BancSystem Inc. common stock, while maintaining beneficial ownership through various trusts.

Summary

• On October 30, 2024, Risa Kae Scott, a director of First Interstate BancSystem Inc. (FIBK), reported a transaction involving the indirect disposition of 3,210 shares of common stock.
• The shares were disposed of at a price of $0.
• Following the transaction, Ms. Scott continues to beneficially own a significant number of shares through several trusts: 322,546 shares held by Risa K. Scott TTEE, Risa K Scott Trust dtd 12/4/15; 85,836 shares held by Risa K. Scott and John Heyneman Jr., TTEEs FBO Risa K. Scott Exemption Trust; and 75,000 shares held by the Risa K Scott Grantor Retained Annuity Trust dtd 5/19/24.
• Ms. Scott disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in the financial industry. These filings provide transparency regarding the trading activities of company insiders.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects an insider's activity, but the disclaimed beneficial ownership mitigates significant concern.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, FIBK, First Interstate BancSystem, Risa Kae Scott, Disposition