Reuter James A 4

What Happened

• James A. Reuter, President, CEO and Director of First Interstate BancSystem, was granted 31,392 restricted stock units (RSUs) on 2026-03-15. The grant is reported at a value of $33.13 per share, totaling approximately $1,040,017. This was an award/acquisition (A) — not an open-market purchase or sale.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (within the typical 2-business-day reporting window).
• Grant details: 31,392 RSUs @ $33.13 per share; reported total value ~$1,040,017.
• Vesting: RSUs vest in three equal annual installments beginning March 15, 2027, subject to continued employment (per footnote).
• Shares owned after transaction: Not reported in this filing.
• Transaction type: Compensation award (restricted stock units), code A.

Context

• RSUs are compensation awards that convert to shares only upon vesting; they do not represent immediately tradable shares and are different from purchases or exercises. Such awards are common for executives as part of long-term incentive pay and do not by themselves indicate a near-term buy/sell decision.