Otero Michael 4

What Happened

• Michael Otero, Chief Risk Officer of Hancock Whitney Corp (HWC), was granted 3,146 restricted stock units (RSUs) on 2026-02-27. The award is reported at an acquisition value of $69.94 per share for a total grant value of $220,031. The transaction is coded as an award/grant (A), not an open-market purchase or sale.

Key Details

• Transaction date and terms: 2026-02-27 — 3,146 RSUs @ $69.94 each; total value $220,031.
• Award type: Restricted Stock Units (RSUs) granted under the company's 2020 Long Term Incentive Plan (footnote F1).
• Vesting: Footnote F1 states the RSUs vest incrementally over three years.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Report filed 2026-03-02; this appears to be timely (filed within the SEC’s two-business-day Form 4 window).
• Transaction code: A = Award/Grant.

Context

• RSU grants are compensation awards that typically convert to actual shares only as they vest; they are not immediate open-market buys. Such awards are routine for executive compensation and do not, by themselves, indicate a near-term trading intent.