Director HEYNEMAN sells 35,000 FIBK shares across two days (Nov 10-11) for $1,123,300; reduces stake by 53.7% to 30,154 shares post-transaction.
HEYNEMAN JOHN M JR, a Director at FIRST INTERSTATE BANCSYSTEM INC, executed 2 separate sales totaling 35,000 shares for $1,123,300.00, with a blended average price of $32.09. The sale reduced his holdings from 65,154 shares to 30,154 shares—a 53.7% reduction in his pre-transaction stake. The current stock price of $32.45 is only 0.11% above the blended average transaction price of $32.09, meaning the director sold very close to current market levels. This substantial reduction in holdings warrants attention as it represents a material change in the Director's ownership position, though the lack of a scheduled trading plan flag or comparative track record data limits inference about the underlying motivation for the disposition.