4Filed Sep 15, 8:00 PM ET
First Interstate (FIBK) 10% Owner Julie Scott Sells 2,700 Shares
$FIBK · FIRST INTERSTATE BANCSYSTEM INCResearch Summary
AI-generated summary of this SEC filing
First Interstate (FIBK) 10% Owner Julie Scott Sells 2,700 Shares
What Happened
Julie A. Scott (reported as a 10% owner) sold 2,700 shares of First Interstate BancSystem (FIBK) on September 16, 2026 at $37.64 per share, generating proceeds of $101,628. The filing reports the transaction as a sale (transaction code S) through an open-market or private sale.
Key Details
- Transaction date and price: 2026-09-16, 2,700 shares at $37.64 each.
- Proceeds: $101,628.
- Shares owned after transaction: based on footnote totals, the reporting persons held 484,309 shares of record before the sale; after disposing of 2,700 shares, that implies about 481,609 shares remain (reflecting holdings across trusts and an LLC).
- Footnotes: F1 details holdings are split among trusts and IXL LLC (and notes shared voting/dispositive power with a sibling); F2 says the reporting persons may be part of a group with other signatories and disclaim beneficial ownership except for pecuniary interest, and that future Forms may be filed from Julie Scott Rose’s perspective.
- Filing timeliness: Reported with a Form 4 dated the same day (2026-09-16), indicating a timely filing.
Context: This was a straight sale by a significant (10%) owner via trust/LLC structures—not an option exercise, award, or gift. Sales by large shareholders can reflect portfolio or estate planning and do not, by themselves, indicate company performance; the footnotes show shared control and possible group reporting, which can affect how beneficial ownership is viewed.