Form 4: Director Frank Bertucci Increases Stake in Hancock Whitney

Director Frank E. Bertucci acquired 1,187 shares of Hancock Whitney Corp common stock via a restricted stock award.

Summary

• Director Frank E. Bertucci was granted 1,187 shares of common stock as a restricted stock award.
• The transaction occurred on April 29, 2026, at a price of $67.41 per share.
• Following this transaction, the director's direct beneficial ownership increased to 26,643.5533 shares.
• The director also maintains an indirect interest of 1,502.513 shares held in a spouse's account via a dividend reinvestment program.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory filing reflecting standard director compensation and does not indicate a change in company strategy or financial outlook.

Positives

• Director demonstrates alignment with shareholder interests through the acquisition of additional equity.
• The grant is part of the company's established 2020 Long Term Incentive Plan, indicating standard executive compensation practices.

Negatives

• None identified.

Risks

• The restricted stock award is subject to a one-year vesting period, during which the shares are not fully transferable.

Future Outlook

The shares are subject to a one-year vesting period and will be deferred upon vesting as per the company's 2020 Long Term Incentive Plan.

Industry Context

StockSavvy.ai notes that director equity acquisitions are standard practice in the regional banking sector, typically serving as a mechanism to ensure long-term alignment between board members and shareholders.

Comparison to Industry Standards

• The use of restricted stock awards with one-year vesting is consistent with standard corporate governance practices for regional banks like Hancock Whitney.
• The transaction size is typical for non-executive director compensation packages in the financial services industry.

Stakeholder Impact

• Positive signal to shareholders regarding director confidence in the company's long-term value.

Next Steps

• Vesting of the 1,187 restricted shares after one year.
• Continued participation in the Dividend Reinvestment Program.

Key Dates

Keywords

Hancock Whitney, HWC, Insider Trading, Director Acquisition, Equity Compensation, Banking