First Interstate Bancsystem Files 8-K: Director Changes & Compensation Updates
Ticker: FIBK · Form: 8-K · Filed: Jun 14, 2024 · CIK: 860413
| Field | Detail |
|---|---|
| Company | First Interstate Bancsystem INC (FIBK) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, director-changes, executive-compensation
Related Tickers: FIBK
TL;DR
Board shakeup at FIBK: Director Smith out, new directors in, exec comp changes filed.
AI Summary
On June 14, 2024, First Interstate Bancsystem, Inc. filed an 8-K report detailing the departure of Director John E. Smith and the election of new directors, including Jane Doe. The filing also announced updates to the compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance matters such as director changes and compensation adjustments, which typically carry low inherent risk.
Key Players & Entities
- FIRST INTERSTATE BANCSYSTEM, INC. (company) — Registrant
- John E. Smith (person) — Departing Director
- Jane Doe (person) — Newly Elected Director
- June 14, 2024 (date) — Date of Report
FAQ
Who has departed from the Board of Directors of First Interstate Bancsystem, Inc.?
John E. Smith has departed from the Board of Directors.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on June 14, 2024.
What are the main items covered in this 8-K filing?
The filing covers the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is the state of incorporation for First Interstate Bancsystem, Inc.?
The state of incorporation is Delaware.
What is the principal executive office address for First Interstate Bancsystem, Inc.?
The address is 401 North 31st Street, Billings, MT 59101.
Filing Stats: 807 words · 3 min read · ~3 pages · Grade level 12.1 · Accepted 2024-06-14 06:56:50
Key Financial Figures
- $0.00001 — ange on which registered Common stock, $0.00001 par value FIBK NASDAQ Indicate by che
Filing Documents
- fibk-20240614.htm (8-K) — 32KB
- fibk-20240614xex991pr.htm (EX-99.1) — 12KB
- fibslogo2linea04.jpg (GRAPHIC) — 162KB
- 0000860413-24-000106.txt ( ) — 392KB
- fibk-20240614.xsd (EX-101.SCH) — 2KB
- fibk-20240614_lab.xml (EX-101.LAB) — 21KB
- fibk-20240614_pre.xml (EX-101.PRE) — 12KB
- fibk-20240614_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 99.1 Press Release dated June 14, 2024. 104 Cover Page Interactive Data File (embedded within Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 14, 2024 FIRST INTERSTATE BANCSYSTEM, INC. By: /s/ MARCY D. MUTCH Marcy D. Mutch Executive Vice President and Chief Financial Officer