Reuter James A 4
4 · FIRST INTERSTATE BANCSYSTEM INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
First Interstate (FIBK) CEO Withholds 5,125 Shares for Taxes
What Happened
James A. Reuter, President and CEO (and Director) of First Interstate BancSystem, had 5,125 shares of common stock disposed (withheld) to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units. The shares are reported at $33.22 each, for a total value of $170,253. This was a withholding to cover taxes on vesting (not an open‑market sale), a routine administrative transaction.
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-18 (appears timely; Form 4 generally due within 2 business days).
- Shares withheld/disposed: 5,125 at $33.22 per share; total $170,253.
- Transaction code: F (tax withholding to satisfy tax liability on vested equity).
- Footnote: F1 — Number of shares withheld to satisfy the reporting person's tax withholding obligations upon vesting of a previously reported RSU award.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
Tax-withholding disposals on RSU vesting are common and do not necessarily indicate insider sentiment about the company—unlike open-market sales, these are routine to cover tax bills. This was not an exercise-and-sell or a market sale; it was a share withholding to meet tax obligations.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-16$33.22/sh−5,125$170,253→ 86,904 total
Footnotes (1)
- [F1]Number of shares of common stock withheld to satisfy the reporting person's tax withholding obligations upon vesting of a previously reported restricted stock unit award.