Ziluca Christopher S 4
Research Summary
AI-generated summary
Hancock Whitney (HWC) Chief Credit Officer Christopher Ziluca Receives Award
What Happened
- Christopher S. Ziluca, Chief Credit Officer of Hancock Whitney (HWC), received 7,700 shares on Feb 1, 2026 as the vesting of Performance Share Awards (code A) at an attributed value of $68.80 per share (total value $529,760). To satisfy tax withholding (code F), 368 of those shares were withheld/disposed at the same $68.80 price (value $25,318). Net shares retained from the vesting: 7,332 (net value ≈ $504,442).
Key Details
- Transaction date: 2026-02-01; share price used: $68.80.
- Awarded (A): 7,700 shares — value $529,760.
- Withheld for taxes (F): 368 shares — value $25,318 (per footnote: withholding relates to vesting of Performance Share Awards).
- Net shares received: 7,332 (7,700 − 368) — net value ≈ $504,442.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing date: Form 4 filed 2026-02-03 reporting the Feb 1 transactions (no indication in the provided data that this filing was late).
Context
- This was not an open-market purchase or sale but the vesting of performance-based equity. The tax-withholding disposal is routine and does not necessarily indicate a view on the company’s stock price. Investors typically view awards/vests as compensation realization rather than a direct bullish insider purchase.