Director James F. Comer of Wilson Bank Holding Co filed a Form 4 on November 3, 2026, disclosing the exercise of stock appreciation rights and non-qualified stock options in Wilson Bank Holding Co, each involving 5,000 shares of common stock.

Key Highlights

  • Reporting person: James F. Comer, listed as a Director of Wilson Bank Holding Co.
  • Transaction date: November 3, 2026, for both derivative security exercises.
  • Stock appreciation rights: 5,000 cash-settled SARs exercised at a conversion price of $62.10, fully vested on October 25, 2026.
  • Non-qualified stock option: 5,000 options exercised through net cash settlement at a conversion price of $62.10, fully vested on October 25, 2026; no shares were issued upon exercise.
  • Resulting derivative holdings: Following both transactions, Comer holds 0 derivative securities in each class, according to the filing.
  • Price of derivative securities: Both the SAR and the non-qualified stock option are listed at a price of $0 in the filing.

Comer Exercises Vested SARs and Options via Cash Settlement at Wilson Bank

According to the Form 4 filed on November 3, 2026, James F. Comer, a director of Wilson Bank Holding Co, reported the exercise of two separate derivative securities. The issuer is identified in the filing as Wilson Bank Holding Co with a ticker or trading symbol listed as "none." Both transactions carry a transaction code of "M," indicating an exercise or conversion of derivative securities.

The first transaction involved 5,000 stock appreciation rights with a conversion or exercise price of $62.10. The filing states that this cash-settled stock appreciation right "fully vested on 10/25/2026" and that "all shares have been exercised." The expiration date for this SAR was listed as October 25, 2031. Following the exercise, Comer's beneficial ownership of this class of derivative security is reported as 0.

The second transaction involved 5,000 non-qualified stock options, also carrying a conversion price of $62.10 and the same vesting and expiration dates. The filing states that "this non-qualified stock option was exercised through a net cash settlement" and that "no shares were issued upon exercise." The option had become exercisable on October 25, 2022, and was set to expire October 25, 2031. Following this exercise, Comer's beneficial ownership of this derivative class is also reported as 0. Both transactions are recorded as direct ownership, and Comer signed the form as "Jimmy Comer."

What Was Disclosed

Director James F. Comer disclosed the cash-settled exercise of 5,000 stock appreciation rights and 5,000 non-qualified stock options in Wilson Bank Holding Co, both at a $62.10 conversion price and both fully vested on October 25, 2026. No shares were issued in connection with either exercise.