Harper Grace Scott Trust 4

What Happened Jonathan R. Scott, a reported 10% owner of First Interstate BancSystem, Inc. (FIBK), sold 10,000 shares on July 16, 2026. The sale was reported as an open-market/private sale at a weighted average price of $40.30 per share, for gross proceeds of approximately $403,000. This was a disposition (sale), which is generally routine trading activity and not in itself a statement about the company's outlook.

Key Details

• Transaction date: 2026-07-16; Transaction type: Sale (code S), reported as open market/private sale.
• Price: Weighted average $40.30; filing notes individual trade prices ranged $40.12–$40.57 (footnote F1).
• Proceeds: ~ $403,000 (10,000 shares × $40.30).
• Shares owned: Filing footnote lists combined record/beneficial holdings of 842,738 shares across trusts, an LLC, and spouse (see footnote F2). The filing does not separately state the post-sale balance.
• Notable footnotes: F1 explains the weighted average and availability of per-trade breakdown on request; F2 details how holdings are allocated among entities/trusts; F3 notes potential group status with other reporting persons and a disclaimer of beneficial ownership except for pecuniary interest.
• Timeliness: Transaction and Form 4 are dated the same day (July 16, 2026); no late filing indicated.

Context

• As a 10% owner, Scott is a large insider/stockholder rather than an operating executive; such sales can reflect diversification or liquidity needs rather than a change in company fundamentals.
• Sales (S) are less informative than purchases for signaling insider confidence; this filing simply reports the disposition and related holdings and footnotes.