Form 4: Wilson Bank Holding Co Director Exercises Stock Options
SEC Form 4 Filing
Director Michael G. Maynard exercised non-qualified stock options and acquired 2,000 shares of Wilson Bank Holding Co common stock on November 4, 2024.
Summary
- On November 4, 2024, Michael G. Maynard, a director of Wilson Bank Holding Co, exercised non-qualified stock options.
- This transaction resulted in the acquisition of 2,000 shares of common stock at a price of $55.75 per share.
- Following the transaction, Maynard directly owns 17,887 shares of common stock, which includes shares issued pursuant to the dividend reinvestment plan.
- Maynard also holds 2,000 derivative securities in the form of non-qualified stock options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock option exercise, which is neutral in sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/05/2021 | Date from which the non-qualified stock option becomes exercisable in 1 equal annual installments beginning on 05/05/2025. |
| 11/04/2024 | Date of transaction: Director exercised non-qualified stock options and acquired common stock. |
| 11/05/2024 | Date of signature on the Form 4 filing. |
| 05/05/2025 | First date the non-qualified stock options become exercisable in equal annual installments. |
| 05/05/2030 | Expiration date of the non-qualified stock options. |
Keywords
stock options, Form 4, director, Wilson Bank Holding Co, common stock, beneficial ownership, Maynard
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