Achary Michael M 4

What Happened

• Michael M. Achary, Chief Financial Officer of Hancock Whitney Corp (HWC), had 10,360 performance shares vest on Feb 1, 2026. The award shares are reported at $68.80 each, totaling $712,768. To satisfy tax and related obligations, 2,925 and 2,088 shares were surrendered/withheld (disposed) at the same $68.80 price, totaling $201,240 and $143,654 respectively.
• Net of the withholding, Achary received a net increase of 5,347 shares (10,360 acquired minus 5,013 withheld), worth about $367,874 at $68.80 per share.

Key Details

• Transaction date: 2026-02-01; filing date: 2026-02-03 (no late filing indicated in the filing header).
• Prices and amounts: 10,360 shares @ $68.80 = $712,768 (award/vesting); 2,925 shares @ $68.80 = $201,240 (withheld); 2,088 shares @ $68.80 = $143,654 (withheld).
• Net shares added: +5,347; net value retained ≈ $367,874.
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 — shares were acquired upon vesting of Performance Share Awards. F2 — includes shares acquired through the Dividend Reinvestment Plan since the reporting person's last Form 4 filing.
• Transaction codes: A = Award/Grant (vesting); F = Payment of exercise price or tax liability (share withholding to cover taxes).

Context

• This was a vesting of performance share awards rather than an open-market purchase or an outright sale. The F-code disposals represent shares withheld to cover taxes/withholding obligations (a common, routine occurrence), not necessarily a sale reflecting sentiment.
• For retail investors, the key takeaway is a modest net increase in the CFO’s holdings following vesting; filings of vested awards are routine compensation events and should be viewed as such unless accompanied by significant open-market purchases or sales.