Form 4: First Interstate BancSystem Inc. Executive Lorrie F. Asker Reports Stock Disposition for Tax Obligations
SEC Form 4 Filing
Lorrie F. Asker, Chief Banking Officer of First Interstate BancSystem Inc., reports disposition of shares to cover withholding taxes upon vesting.
Summary
- On February 10, 2025, Lorrie F. Asker, Chief Banking Officer of First Interstate BancSystem Inc. (FIBK), disposed of 324 shares of common stock.
- The disposition was to the issuer to cover minimum required withholding taxes due upon the vesting of unvested shares.
- The price per share was $32.2.
- Following the transaction, Asker directly owns 14,546 shares of First Interstate BancSystem Inc.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (disposition of shares for tax purposes) and doesn't indicate any significant positive or negative sentiment. It's a neutral event from an investment perspective.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations related to stock vesting, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposition transaction |
| 02/11/2025 | Date of signature for the report |
Keywords
Form 4, Beneficial Ownership, FIBK, First Interstate BancSystem Inc., Lorrie F. Asker, Chief Banking Officer, Stock Disposition, Withholding Taxes, Vesting
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