Loper D Shane 4

What Happened

• Shane Loper, Chief Operating Officer of Hancock Whitney Corp (HWC), received a performance share award of 12,732 shares that vested on 2026-02-01. The award is reported at a per-share value of $68.80, totaling $875,962.
• To cover tax liabilities on the vesting, 3,675 shares ($252,840) and 3,324 shares ($228,691) were withheld (reported as "F" transactions). After withholding, Loper retained a net 5,733 shares from this vesting, worth roughly $394,431 at $68.80 per share.
• This was an award/vesting transaction (acquisition), not an open-market purchase or sale; the withheld shares represent routine tax withholding rather than a discretionary sale.

Key Details

• Transaction date and price: 2026-02-01 at $68.80 per share.
• Award received: 12,732 shares (total value $875,962).
• Shares withheld for taxes: 3,675 shares ($252,840) and 3,324 shares ($228,691); net shares retained = 5,733 (~$394,431).
• Shares owned after the transaction: not disclosed in the provided Form 4 excerpt.
• Footnotes: F1 — reflects shares 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.
• Filing timeliness: Form 4 was filed 2026-02-03 reporting a 2026-02-01 vesting; this appears to be timely (filed within the standard 2 business-day window).

Context

• Performance share awards vesting and the related tax-withholding (reported as "F") are common compensation events for executives; withheld shares are typically surrendered to satisfy tax obligations and are not the same as a market sale.
• These transactions are routine executive compensation mechanics and should be interpreted as an award/vesting event rather than a directional buy or sell signal.