4/A: Wilson Bank Holding Co. Director Exercises Stock Options

Director James Anthony Patton exercised non-qualified stock options for 2,000 shares of Wilson Bank Holding Co. common stock.

Summary

• James Anthony Patton, a director at Wilson Bank Holding Co., exercised non-qualified stock options.
• The transaction involved 2,000 shares of common stock.
• The exercise price for the options was $40.25 per share.
• The options were granted on September 26, 2017, and became exercisable in three equal annual installments starting September 26, 2019.
• Following the transaction, Patton directly owns 6,000 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally neutral to positive. The exercise of options by a director can be seen as a sign of confidence.

Positives

• The exercise of stock options by a director can be seen as a positive sign of confidence in the company's future performance.

Industry Context

This is a routine disclosure of a director's stock option exercise, which is common in publicly traded companies. It provides transparency into insider transactions.

Comparison to Industry Standards

• Stock option exercises are a standard form of compensation for directors and executives in publicly traded companies.
• The vesting schedule of three equal annual installments is a common practice.
• The disclosure of this transaction is in line with SEC regulations for insider trading.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it increases the number of shares held by a director.

Key Dates

Keywords

stock options, insider trading, beneficial ownership, director, Wilson Bank Holding Co., equity securities