SCHEIRER MARK W 4
Research Summary
AI-generated summary
HBT Financial (HBT) EVP Mark Scheirer Gifts 4,118 Shares
What Happened
- Mark W. Scheirer, EVP and Chief Credit Officer of HBT Financial, transferred (gifted) 4,118 shares of HBT common stock on 2026-04-30. The Form 4 shows the shares were disposed under transaction code "G" (gift) at $0.00 per share (total reported value $0).
Key Details
- Transaction date: 2026-04-30; Form 4 filed: 2026-05-01 (Accession: 0001789910-26-000004).
- Reported disposition: 4,118 shares at $0.00 (gift, no cash proceeds).
- Shares owned after the transaction: not specified in the filing.
- Footnote: the shares were transferred to a living trust of which Scheirer and his spouse are trustees and beneficiaries; both are beneficiaries of the trust.
- Filing timeliness: filed the day after the reported transaction; no late filing flag noted.
Context
- Gifts (transaction code G) are typically transfers for estate planning or family reasons and do not represent a purchase or sale for cash; they do not necessarily indicate the insider’s view on the company’s prospects.
- Because the shares were moved into a trust where the reporting person and spouse are trustees and beneficiaries, the transfer may not materially change their indirect economic interest, though the filing documents the formal disposition.