Director and 10% owner Jonathan R. Scott filed a Form 4 with the SEC on November 10, 2026, reporting the sale of 10,000 shares of First Interstate BancSystem, Inc. common stock on November 9, 2026.

Key Highlights

  • Transaction: Jonathan R. Scott disposed of 10,000 shares of common stock on November 9, 2026, with a transaction code of "S" (sale).
  • Weighted average price: Shares were sold at a weighted average price of $38.53, with individual transactions ranging from $38.50 to $38.59, according to the filing.
  • Indirect beneficial ownership following sale: Scott reported 797,738 shares beneficially owned indirectly following the transaction.
  • Ownership structure: The indirectly held shares are composed of shares held by the Jonathan R. Scott Trust, IXL Limited Liability Company, three family trusts, and Scott's spouse, as described in footnote 2 of the filing.
  • Group disclaimer: The filing states that the reporting persons disclaim beneficial ownership of group-attributed securities "except to the extent of its pecuniary interest therein."
  • Issuer: First Interstate BancSystem, Inc., listed as NASDAQ:FIBK.

Jonathan Scott's November 2026 Sale of First Interstate BancSystem Shares

According to the Form 4 filed on November 10, 2026, Jonathan R. Scott, identified as a director and 10% owner of First Interstate BancSystem, Inc. (NASDAQ:FIBK), sold 10,000 shares of the company's common stock on November 9, 2026. The filing reports a weighted average sale price of $38.53 per share, with individual transactions executed at prices between $38.50 and $38.59. The filing notes that Scott will provide full details of shares sold at each price upon request to the company, any security holder, or the SEC staff.

Following the reported transaction, the filing discloses 797,738 shares of common stock beneficially owned indirectly. These shares are held across several entities and individuals: 433,200 shares in the Jonathan R. Scott Trust Dated as of 4/21/04, 209,678 shares by IXL Limited Liability Company, 36,553 shares by the Holland Elizabeth Scott Trust, 36,553 shares by the Harper Grace Scott Trust, 36,554 shares by the Harrison William Scott Trust, and 45,200 shares held by Jonathan Scott's spouse.

The filing also notes that, as a result of certain agreements among the reporting persons, the issuer, and other stockholders, the reporting persons "may be deemed members of a group" and "may be deemed to share beneficial ownership" of the reported securities. Each reporting person explicitly disclaims beneficial ownership beyond their own pecuniary interest. The filing was signed by Timothy Leuthold as Attorney-in-Fact for the reporting persons.

What Was Disclosed

The filing disclosed a sale of 10,000 shares of First Interstate BancSystem common stock by director and 10% owner Jonathan R. Scott on November 9, 2026, at a weighted average price of $38.53, with 797,738 shares remaining indirectly beneficially owned.