MCDEARMAN JOHN 4

What Happened
John McDearman, President & CEO and a director of Wilson Bank Holding Co, exercised non‑qualified stock options on January 23, 2026. The filing shows he acquired 1,500 shares at an exercise price of $80.45 per share (total cost $120,675). The same report also lists a disposition of 1,500 shares with $0.00 proceeds (reported as a derivative disposition).

Key Details

• Transaction date: 2026-01-23.
• Acquired: 1,500 shares at $80.45 each — total $120,675.
• Disposed: 1,500 shares at $0.00 (derivative disposition).
• Shares owned after the transaction: Not specified in this filing.
• Footnotes: F2 — the non‑qualified option became exercisable in five equal installments beginning 10/25/2022. F1 — note about shares issued under dividend reinvestment plan appears in filing.
• Filing timeliness: Report filed on 2026-01-23 (same day as the transactions).

Context
These entries reflect an option exercise (transaction code M). The reported 1,500‑share disposal at $0.00 is typical in filings when shares are surrendered or withheld to satisfy exercise costs or tax withholding rather than sold in the open market. For retail investors, the meaningful item here is the CEO’s acquisition of 1,500 shares (about $120.7k), which is a direct purchase of company stock via option exercise; the offsetting derivative disposition likely relates to exercise mechanics and not an open‑market sale.