Hancock Whitney (HWC) risk chief awarded 3,146 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hancock Whitney Corp reported that Chief Risk Officer Michael Otero acquired 3,146 shares of common stock on February 27, 2026 through a grant classified as a restricted stock unit award under the company’s 2020 Long Term Incentive Plan at $69.94 per share. These awards vest incrementally over three years, and his directly held stake after the grant is 37,958.4856 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Otero Michael
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,146 | $69.94 | $220K |
Holdings After Transaction:
Common Stock — 37,958.486 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Hancock Whitney (HWC) report for Michael Otero?
Hancock Whitney (HWC) reported that Chief Risk Officer Michael Otero received an award covering 3,146 shares of common stock. The transaction was coded as a grant or other acquisition rather than an open-market purchase or sale, reflecting equity-based compensation.
At what price was Michael Otero’s Hancock Whitney (HWC) stock award valued?
Michael Otero’s award was valued at $69.94 per share for 3,146 shares of common stock. This valuation reflects the price per share reported for the grant on the transaction date of February 27, 2026, under Hancock Whitney’s long-term incentive framework.
What type of equity award did Hancock Whitney (HWC) grant to Michael Otero?
Hancock Whitney (HWC) granted Michael Otero a Restricted Stock Unit award under the company’s 2020 Long Term Incentive Plan. According to the disclosure footnote, these RSU awards are structured to vest incrementally over a three-year period, aligning with long-term incentives.
Over what period do Michael Otero’s Hancock Whitney (HWC) RSU awards vest?
Michael Otero’s Hancock Whitney (HWC) Restricted Stock Unit awards vest incrementally over three years. This vesting schedule is specified in the footnote, indicating the award is part of the company’s 2020 Long Term Incentive Plan for ongoing executive compensation.
Was Michael Otero’s Hancock Whitney (HWC) transaction a market buy or a grant?
The transaction for Hancock Whitney (HWC) was reported as a grant, award, or other acquisition, not an open-market buy. It reflects an equity compensation grant of 3,146 shares to Chief Risk Officer Michael Otero under the company’s 2020 Long Term Incentive Plan.