Form 4: Frank E. Bertucci Reports Acquisition of Hancock Whitney Corp Shares

Director Frank E. Bertucci reports acquiring additional shares of Hancock Whitney Corp through a restricted stock award and dividend reinvestment.

Summary

• Frank E. Bertucci, a director of Hancock Whitney Corp, filed a Form 4 indicating changes in beneficial ownership.
• On April 23, 2025, Bertucci acquired 1,601 shares of common stock through a restricted stock award at $49.96 per share.
• These awards have a one year vesting period.
• The shares are to be deferred upon vesting.
• Bertucci also acquired 1,450.777 shares through the Dividend Reinvestment Program.
• Following these transactions, Bertucci directly owns 24,699.0133 shares of common stock.
• Bertucci's spouse account indirectly owns shares through the Dividend Reinvestment Program.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's increased stake in the company through stock awards and dividend reinvestment is a positive signal, but it's a routine transaction.

Positives

• The acquisition of shares through a restricted stock award demonstrates management's alignment with shareholder interests.
• Participation in the Dividend Reinvestment Program indicates a long-term investment perspective.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of restricted stock and participation in the dividend reinvestment program suggest a continued investment in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates that a director is increasing their stake in the company, which can be viewed positively by investors.

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders.
• The dividend reinvestment program benefits shareholders by allowing them to increase their holdings.

Key Dates

Keywords

Form 4, Hancock Whitney Corp, Director, Bertucci, Stock Acquisition, Dividend Reinvestment, Restricted Stock Award, Beneficial Ownership