Form 4: Hancock Whitney Corp Director Kent Acquires 1,630 Shares of Common Stock
SEC Form 4 Filing
Director Suzette K. Kent acquired 1,630 shares of Hancock Whitney Corp common stock at $46 per share on April 24, 2024, through a restricted stock award.
Summary
- On April 24, 2024, Suzette K. Kent, a director of Hancock Whitney Corp, acquired 1,630 shares of common stock.
- The acquisition was a result of a restricted stock award granted under the company's 2020 Long Term Incentive Plan.
- The price per share was $46.
- Following the transaction, Kent directly owns 6,767 shares of Hancock Whitney Corp.
- The restricted stock award has a one-year vesting period.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it simply reports a transaction. The director's purchase could be seen as a positive signal, but it's a routine filing.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: Suzette K. Kent acquired 1,630 shares of common stock. |
| 04/26/2024 | Date of signature on the Form 4 filing. |
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