Harper Grace Scott Trust 4
Research Summary
AI-generated summary
First Interstate (FIBK) 10% Owner Jonathan R. Scott Sells 9,390 Shares
What Happened
- Jonathan R. Scott, reported as a 10% owner of First Interstate BancSystem, Inc. (FIBK), sold 9,390 shares in an open-market transaction on June 18, 2026.
- The weighted-average sale price was $36.11 per share, generating proceeds of $339,073. Reported trade prices ranged from $36.00 to $36.33 across multiple transactions. This was a sale (not a purchase).
Key Details
- Transaction date: 2026-06-18.
- Price: weighted average $36.11; trade-price range $36.00–$36.33 (see footnote F1 for per-lot breakdown availability).
- Shares disposed: 9,390; proceeds: $339,073.
- Shares owned after transaction: based on footnote F2 totals (488,200 + 209,678 + 36,553 + 36,553 + 36,554 + 45,200 = 852,738) less the 9,390 sold, remaining approximately 843,348 shares (reported holdings are subject to group/beneficial ownership disclaimers in F3).
- Notable footnotes:
- F1: Weighted-average price; seller can provide per-trade price/quantities on request.
- F2: Breakout of record holders that comprise the reporting person's holdings.
- F3: Reporting persons may be part of a group and disclaim beneficial ownership except for pecuniary interest; future filings may consolidate reporting.
- Filing timeliness: Reported same-day (period of report and filing date 2026-06-18), indicating a timely Form 4.
Context
- This is a sale by a 10% owner (large shareholder), which can reflect portfolio rebalancing or other personal reasons; sales by large holders are common and do not by themselves indicate company performance.
- No options exercise, award, gift, or tax-withholding detail is included—this was a straight open-market sale.