Form 4: HBT Financial EVP Diane Lanier Reports Acquisition of Shares Through Restricted Stock Units
SEC Form 4 Filing
Diane Lanier, EVP & Chief Retail Officer of HBT Financial, reports acquiring shares of common stock through restricted stock units and performance restricted stock unit awards.
Summary
- On February 29, 2024, Diane Lanier, EVP & Chief Retail Officer of HBT Financial, Inc., acquired 1,174 shares of common stock through restricted stock units (RSUs) and 2,040 shares through performance restricted stock units.
- The RSUs vest in three annual installments: 33% on February 28, 2025, 33% on February 28, 2026, and 34% on February 28, 2027.
- Following these transactions, Lanier directly owns 30,355 shares of HBT Financial, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to executive compensation and stock ownership. The acquisition of shares by an executive is generally viewed as a positive, but it's not a major event.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for maintaining market confidence.
Stakeholder Impact
- Shareholders may view the increased ownership by an executive as a positive signal.
Key Dates
| Date | Description |
|---|---|
| February 19, 2021 | Date of performance restricted stock unit award granted to the reporting person. |
| February 29, 2024 | Date of transaction: acquisition of restricted stock units and settlement of performance restricted stock units. |
| February 28, 2025 | First vesting date for 33% of the acquired restricted stock units. |
| February 28, 2026 | Second vesting date for 33% of the acquired restricted stock units. |
| February 28, 2027 | Third vesting date for 34% of the acquired restricted stock units. |
| March 04, 2024 | Date of signature for the Form 4 filing. |
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