Form 4: Hancock Whitney Corp: Chief Risk Officer Michael Otero Reports Stock Disposal for Tax Obligations

Michael Otero, Chief Risk Officer of Hancock Whitney Corp, disposed of 175 shares of common stock on November 1, 2024, to cover tax obligations.

Summary

• On November 1, 2024, Michael Otero, the Chief Risk Officer of Hancock Whitney Corp, engaged in a transaction involving the company's common stock.
• Otero disposed of 175 shares at a price of $52.08 per share to satisfy tax obligations.
• Following the transaction, Otero directly owns 27,538.7056 shares of Hancock Whitney Corp.
• The filing also notes that the reported holdings include shares acquired through the Dividend Reinvestment Plan since the last Form 4 filing.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale of shares by an executive for tax purposes.

Key Dates