Meyer Lori 4
Research Summary
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First Interstate (FIBK) EVP Lori Meyer Withholds 1,550 Shares for Taxes
What Happened Lori Meyer, EVP and Chief Information Officer of First Interstate BancSystem (FIBK), had 1,550 shares withheld to satisfy tax withholding upon vesting of previously reported restricted stock units (RSUs). The withholding was recorded at $33.22 per share, totaling $51,491. This was not an open-market sale but a routine tax-withholding disposition.
Key Details
- Transaction date: 2026-03-16; Filing date (Form 4): 2026-03-18 (appears timely — within two business days).
- Price per share: $33.22; Shares withheld/disposed: 1,550; Total value: $51,491.
- Transaction code: F (payment of exercise price or tax liability); footnote F1: shares withheld to satisfy tax withholding on vested RSUs.
- Shares owned after the transaction: not specified in the filing.
Context Withholdings to cover taxes on RSU vesting are common and are a cashless way to meet tax obligations; they are typically administrative and do not necessarily indicate the insider's view on the company's stock. This transaction reflects tax withholding, not an active sale into the market.