Form 4: HBT Financial Director Patrick F. Busch Sells Shares
SEC Form 4
Patrick F. Busch, a director of HBT Financial, Inc., sold 11,555 shares of common stock at an average price of $24.09 on July 24, 2024.
Summary
- On July 24, 2024, Patrick F. Busch, a director of HBT Financial, Inc., sold 11,555 shares of the company's common stock.
- The sale was executed at a weighted average price of $24.09 per share.
- Following the transaction, Busch directly owns 52,699 shares and indirectly owns 190,000 shares through the Patrick F Busch Declaration of Trust dated 5/6/14.
- The shares were sold at prices ranging from $23.56 to $24.44.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It's common for directors and officers of publicly traded companies to buy and sell shares of their company's stock. These transactions are closely monitored by regulators to prevent illegal insider trading.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 5/6/14 | Date of Patrick F Busch Declaration of Trust |
| 07/24/2024 | Date of the stock sale transaction |
| 07/25/2024 | Date of the signature on the Form 4 filing |
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