COMER JAMES F 4

What Happened

• James F. Comer, a director of Wilson Bank Holding Co, exercised/converted derivatives on 2026-05-18 to acquire a total of 10,000 shares. The reported exercise price was $81.95 per share, with two identical entries of 5,000 shares each (5,000 @ $81.95 = $409,750; total consideration = $819,500).
• This was an acquisition (exercise of options/SARs), not a sale; the filing shows shares were acquired rather than sold.

Key Details

• Transaction date: 2026-05-18 (two entries of 5,000 shares each).
• Price: $81.95 per share; total reported consideration $819,500.
• Transaction code: M (exercise or conversion of derivative/security).
• Shares owned after the transaction: not stated in this filing.
• Footnotes: F1 indicates the Non‑qualified Stock Option becomes exercisable in five equal annual installments beginning 05/18/2027. F2 indicates the Stock Appreciation Right becomes exercisable in five equal annual installments beginning 05/18/2027.
• Filing: Report filed 2026-05-18; no late filing or 10b5-1 plan referenced in the provided data.

Context

• "M" transactions mean the insider exercised/options were converted; the filing reports acquisition of shares rather than an immediate cashless sale. Stock Appreciation Rights (SARs) typically pay appreciation value, while non‑qualified stock options require payment of the exercise price — this filing shows payment/consideration was reported.
• The footnotes note future vesting/exercisability schedules for the related awards; read the footnotes carefully as they can affect when additional exercises are possible.