Director at Hancock Whitney (HWC) receives 1,187-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kent Suzette K reported acquisition or exercise transactions in this Form 4 filing.
HANCOCK WHITNEY CORP director Suzette K. Kent received a grant of 1,187 shares of Common Stock. The award was priced at $67.41 per share and is structured as a Restricted Stock Award granted under the company’s 2020 Long Term Incentive Plan with a one-year vesting period.
After this compensation-related award, Kent directly holds 9,555 shares of Hancock Whitney common stock. This is a routine equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kent Suzette K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,187 | $67.41 | $80K |
Holdings After Transaction:
Common Stock — 9,555 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock granted: 1,187 shares
Grant price per share: $67.41 per share
Shares held after transaction: 9,555 shares
+1 more
4 metrics
Restricted stock granted
1,187 shares
Restricted Stock Award to director Suzette K. Kent
Grant price per share
$67.41 per share
Reported value of Restricted Stock Award
Shares held after transaction
9,555 shares
Direct holdings of Suzette K. Kent after award
Vesting period
One year
Vesting term for the Restricted Stock Award
Key Terms
Restricted Stock Award, 2020 Long Term Incentive Plan, vesting
3 terms
Restricted Stock Award financial
"Restricted Stock Award granted in accordance with the Company's 2020 Long Term Incentive Plan."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2020 Long Term Incentive Plan financial
"granted in accordance with the Company's 2020 Long Term Incentive Plan."
vesting financial
"These awards have a one year vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Hancock Whitney (HWC) report for Suzette K. Kent?
Suzette K. Kent received a grant of 1,187 shares of Hancock Whitney common stock. The shares were awarded as a Restricted Stock Award under the 2020 Long Term Incentive Plan as part of director compensation, rather than through an open-market purchase.
At what price was the Hancock Whitney (HWC) stock award to Suzette K. Kent recorded?
The Restricted Stock Award to Suzette K. Kent was recorded at $67.41 per share. This price is used for reporting the grant’s value and does not indicate a separate cash purchase in the market by the director.
What is the vesting schedule for Suzette K. Kent’s Hancock Whitney (HWC) Restricted Stock Award?
The Restricted Stock Award granted to Suzette K. Kent has a one-year vesting period. This means the 1,187 awarded shares will fully vest after one year, consistent with the terms of the company’s 2020 Long Term Incentive Plan.
Is Suzette K. Kent’s Form 4 transaction in Hancock Whitney (HWC) an open-market buy or a compensation grant?
The Form 4 transaction for Suzette K. Kent reflects a compensation grant, not an open-market buy. It is coded as a grant or award (transaction code A) under the company’s 2020 Long Term Incentive Plan with restricted stock and one-year vesting.