Bowman Biff 4
4 · FIRST INTERSTATE BANCSYSTEM INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
First Interstate (FIBK) Director Biff Bowman Receives RSU Award
What Happened
Biff Bowman, a director of First Interstate BancSystem, was granted 4,353 restricted stock units (RSUs) on June 1, 2026. The RSUs were reported with an acquisition price of $0.00 (transaction code A); they represent a future right to receive shares if vesting conditions are met rather than an immediate purchase or sale.
Key Details
- Transaction date: 2026-06-01 (Form 4 filed 2026-06-03). Filing appears timely.
- Transaction type/code: Grant / Award (A).
- Quantity: 4,353 RSUs; reported acquisition price $0.00.
- Shares owned after transaction: not disclosed in the filing.
- Footnote: RSUs vest on June 1, 2027, subject to Bowman's continuous service through the earlier of that vesting date or the registrant's next annual shareholder meeting. (See F1.)
- No 10b5-1 plan, tax withholding, or sale reported in this filing.
Context
RSU grants are a common form of equity compensation and do not involve an immediate cash outlay or market sale — the economic value will be realized only if and when the units vest and convert to shares (and then potentially sold). Such awards are routine and should be interpreted as compensation, not a direct trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01+4,353→ 24,035 total
Footnotes (1)
- [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.