Form 4: Wilson Bank Holding Co Director Jack W Bell Disposes of Shares Held Under TNUGMA

Director Jack W Bell disposed of 7,666 shares of Wilson Bank Holding Co common stock on October 21, 2024, due to a minor reaching the age of majority.

Summary

• On October 21, 2024, Jack W Bell, a director of Wilson Bank Holding Co, disposed of 7,666 shares of common stock.
• The shares were sold at a price of $74.1 per share.
• The transaction was due to the shares being held under TNUGMA (Tennessee Uniform Gifts to Minors Act) and the minor reaching the age of majority.
• Following the transaction, Bell beneficially owns 183,912 shares, which includes shares issued pursuant to the dividend reinvestment plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction appears to be related to a personal circumstance (TNUGMA) rather than a strategic decision regarding the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding more than 10% of a company's shares) buy or sell their company's stock. This provides transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small number of shares being disposed of by a director due to a specific personal circumstance.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Jack W Bell, Wilson Bank Holding Co, TNUGMA, Share Disposal, Dividend Reinvestment Plan, Common Stock