FIBK Insider Trust Files Intent to Sell $150K in Stock
FIRST INTERSTATE BANCSYSTEM INC
Subscribe to track FIBK
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
FIBK Insider Trust Files Intent to Sell $150K in Stock
Company: FIRST INTERSTATE BANCSYSTEM INC (FIBK) Form: 144 | Filed: 2025-11-03 Significance: Low
Insider: Jonathan Scott as Trustee of the Jonathan R Scott Trust Title: N/A | Relationship: 10% Stockholder
Transaction: • Type: Proposed Sale • Shares: 4,800 • Price: ~$31.27 • Value: $150,098 • Owned After: Not Stated
Key Insight: A trust considered a 10% owner has filed a notice of proposed sale for a small lot of shares. The transaction value represents less than 0.005% of the company's market capitalization, indicating it is a routine, non-material event.
Market Context: Given the transaction's insignificant size relative to First Interstate's $3.22B market cap, it is not expected to have any impact on the stock price or trading volume.
Comprehensive Analysis
SEC Filing Analysis: FIRST INTERSTATE BANCSYSTEM INC (FIBK)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A trust affiliated with a 10% owner has filed a notice of a proposed sale of $150,098 worth of common stock. The transaction is of negligible size.
- Market Impact: Neutral. The sale is too small to have any market impact.
Company Information
| Field | Value |
|---|---|
| Company | FIRST INTERSTATE BANCSYSTEM INC |
| Ticker Symbol | FIBK |
| CIK | 0000860413 |
| Industry | State Commercial Banks |
Insider Information
| Field | Value |
|---|---|
| Name | Jonathan Scott as Trustee of the Jonathan R Scott Trust |
| CIK | 0001908962 |
| Title/Position | N/A |
| Relationship | 10% Stockholder |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2025-11-03 |
| Transaction Code | S (Proposed Sale) |
| Security Type | Common |
| Shares Involved | 4,800 |
| Price Per Share | $31.27 |
| Total Value | $150,098.40 |
| Shares Owned After | Not Stated |
| Ownership Type | Indirect |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $150,098.40 |
| % of Market Cap | 0.0047% |
| Shares Transacted | 4,800 |
| % of Shares Outstanding | 0.0046% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction's value is insignificant compared to the company's $3.22 billion market capitalization.
- Transaction Significance: The sale represents a tiny fraction of both the market cap and shares outstanding, falling well below the thresholds for even moderate significance. This is considered a routine portfolio adjustment.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: A transaction of this size (less than 0.005% of market cap) is not material information and will not influence investor decisions or the stock's price.
Volume & Sentiment
- Expected Volume Impact: Negligible. The number of shares is too small to affect trading volume.
- Sentiment Indicator: Neutral. The filing does not provide any signal regarding the insider's outlook on the company.
Additional Context
Transaction Notes
- This Form 144 is a notice of a proposed sale, not a completed transaction.
- The securities were originally acquired via a gift from an affiliate on March 2, 2023.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.