Scott James R. Jr 4
4 · FIRST INTERSTATE BANCSYSTEM INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
FIBK 10% Owner Scott James R. Jr Receives 2,247-Share Award
What Happened
Scott James R. Jr, identified as a 10% owner of First Interstate BancSystem, Inc. (FIBK), was granted 2,247 restricted stock units (transaction code A) on June 1, 2026. The grant shows a $0.00 acquisition price (immediate cash value $0). The RSUs are issuable upon vesting and will convert to common shares on June 1, 2027, subject to the reporting person’s continuous service through the earlier of that vesting date or the company’s next annual shareholder meeting.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,247 RSUs; price: $0.00; immediate cash value: $0.
- Vesting: June 1, 2027, subject to continued service (per footnote F1).
- Shares held of record per filing (footnote F2): 1,952,320 shares across JS Investments LP and related trusts; the 2,247 RSUs are issuable upon vesting.
- Group/beneficial ownership note (footnote F3): reporting persons may be deemed part of a group and may share beneficial ownership; they disclaim ownership except to the extent of pecuniary interest.
Context
This is a compensation-related RSU grant, not an open-market purchase or sale. RSU awards are standard executive/owner compensation and only convert to actionable shares if/when they vest; they do not necessarily signal a buy or sell decision by the insider. As a 10% owner, the filing reflects significant ownership interests and related entity holdings rather than routine retail insider trading.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01+2,247→ 80,792 total
- 1,952,320(indirect: see footnote)
Common Stock
[F2][F3]
Footnotes (3)
- [F1]Shares issuable upon vesting of restricted stock units granted to the reporting person pursuant to the Registrant's 2023 Equity and Incentive Plan. The restricted stock units vest on June 1, 2027, subject to the reporting person's provision of continuous service to the Registrant through the earlier of the applicable vesting date or the date of the Registrant's next annual shareholder meeting.
- [F2]Composed of 1,901,036 shares held of record by JS Investments Limited Partnership, 25,642 shares held of record by First Interstate Bank TTEE for Dana S Andersson GST Exempt Trust No 1 Dtd 12/11/2020 and 25,642 shares held of record by First Interstate Bank TTEE for James R Scott Jr. GST Exempt Trust No 1 Dtd 12/11/2020.
- [F3]As a result of certain agreements entered into by and among the reporting persons, the Issuer, and certain other stockholders of the Issuer, the reporting persons may be deemed members of a group with the other signatories thereto and may be deemed to share beneficial ownership of the securities reported herein. Each of the reporting persons disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. The reporting persons expect to file future Forms 4 and 5, if any, together with James R. Scott, Jr. with the indication of direct or indirect ownership in Tables I and II being made from James R. Scott Jr.'s perspective unless expressly noted otherwise by footnote. The nature of beneficial ownership is described in detail by footnote for all reporting persons.