A holder identified as owning 10% of First Interstate Bancsystem Inc (NASDAQ:FIBK) sold 3,000 shares of the company's common stock on March 26, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The sale was executed at a weighted average price of $33.45, producing total proceeds of $100,350.
The transaction prices ranged between $33.31 and $33.55 per share. The filing notes that, following this disposition, the reporting owners collectively retain ownership of 933,024 shares.
Market metrics included in the reporting show FIBK trading at a price-to-earnings ratio of 11.35 and offering a dividend yield of 5.61%. An InvestingPro analysis referenced in the filing indicates the stock appears undervalued when measured against its Fair Value assessment and that it is ranked among the most undervalued stocks on that list.
Investors seeking additional detail can consult the InvestingPro Pro Research Report, which the analysis says is available for First Interstate Bancsystem as well as for over 1,400 other U.S. equities. The report is presented as a source for deeper insights and valuation context for FIBK.
Transaction specifics
- Seller: a 10% owner of First Interstate Bancsystem Inc (as identified in the Form 4).
- Shares sold: 3,000 common shares.
- Transaction date: March 26, 2026.
- Weighted average sale price: $33.45.
- Price range: $33.31 - $33.55.
- Total value of sale: $100,350.
- Post-transaction holdings (reporting owners, collective): 933,024 shares.
Valuation and research
The filing and accompanying materials cite a market valuation context for FIBK: a P/E ratio of 11.35 and a dividend yield of 5.61%. An InvestingPro Fair Value assessment is referenced, with the stock characterized as appearing undervalued and placed on its list of most undervalued stocks. The same source points to a Pro Research Report available for FIBK and for more than 1,400 other U.S. equities for those seeking additional analysis.
What is not disclosed in the filing
The Form 4 documents the transaction details listed above but does not provide explanatory comments about the motivation behind the sale or additional context beyond the statutory reporting requirements. The filing also does not supply further narrative about how the post-sale ownership level is likely to affect company governance or strategy.