Ziluca Christopher S 4
Research Summary
AI-generated summary
HWC Chief Credit Officer Christopher S. Ziluca Receives Restricted Stock Award
What Happened
- Christopher S. Ziluca, Chief Credit Officer of Hancock Whitney Corp (HWC), was granted 3,432 restricted stock units (RSUs) on 2026-02-27.
- The grant is recorded at an implied value of $69.94 per share, totaling $240,034. This is an award/compensation grant (Form 4 transaction code A), not an open‑market purchase.
Key Details
- Transaction date: 2026-02-27; Form 4 filed: 2026-03-02.
- Price/value: $69.94 per share; total reported value $240,034.
- Shares received: 3,432 RSUs (grant of restricted stock units).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: RSUs granted under the company’s 2020 Long Term Incentive Plan; they vest incrementally over three years.
- No indication in the filing of a 10b5-1 plan, tax withholding sale, or late filing.
Context
- This was a compensation award (RSUs) rather than a cash purchase or sale. RSUs typically vest over time (here, incrementally across three years) and only become actual shares (and available to sell) as they vest — so this is routine executive compensation, not an immediate market buy/sell signal.