First Interstate BancSystem Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:4FB Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Jan 26	Sell€155,971	Jonathan Scott	Individual	5,000	€31.59
01 Dec 25	Sell€281,716	Susan Scott Heyneman Trust	Company	10,000	€28.17
21 Nov 25	Sell€821,168	John Heyneman	Individual	30,432	€26.98
11 Nov 25	Sell€415,715	John Heyneman	Individual	15,000	€27.71
10 Nov 25	Sell€555,023	AWE plc	Company	20,000	€27.75
03 Nov 25	Sell€268,776	Susan Scott Heyneman Trust	Company	10,000	€26.88
03 Nov 25	Sell€130,178	Jonathan Scott	Individual	4,800	€27.12
29 Oct 25	Sell€192,643	Jonathan Scott	Individual	7,000	€27.52
09 Oct 25	Sell€18,755	Jonathan Scott	Individual	685	€27.38
08 Oct 25	Sell€533,154	Jonathan Scott	Individual	19,315	€27.62
01 Oct 25	Sell€269,305	Susan Scott Heyneman Trust	Company	10,000	€26.93
02 Sep 25	Sell€276,833	Susan Scott Heyneman Trust	Company	10,000	€27.68
14 Aug 25	Sell€306,178	John Heyneman	Individual	11,818	€25.91
01 Aug 25	Sell€1,327,125	Susan Scott Heyneman Trust	Company	55,000	€24.13
14 Jul 25	Sell€1,464,488	Susan Scott Heyneman Trust	Company	55,000	€26.63

Insider Trading Volume

Insider Buying: 4FB insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 4FB?
Owner Type	Number of Shares	Ownership Percentage
State or Government	19,865	0.0176%
Private Companies	5,996,033	5.3%
Individual Insiders	8,423,700	7.45%
Institutions	98,667,356	87.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 86.5% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.5%	BlackRock, Inc.	13,613,163	€410.4m	83.6%	0.01%
9.94%	The Vanguard Group, Inc.	10,048,419	€302.9m	13.8%	no data
5.73%	Wellington Management Group LLP	5,794,226	€174.7m	-2.05%	0.03%
5.42%	State Street Global Advisors, Inc.	5,482,245	€165.3m	29.7%	0.01%
5.34%	Dimensional Fund Advisors LP	5,399,384	€162.8m	-1.75%	0.02%
4.68%	FMR LLC	4,728,321	€142.6m	-2.82%	0.01%
4.61%	First Interstate Bank	4,665,282	€140.7m	-0.62%	8.46%
4.54%	James Scott	4,589,485	€138.4m	-10%	no data
3.91%	HoldCo Advisors, LP	3,950,107	€119.1m	0%	12.27%
3.38%	NBAR5, Limited Partnership	3,416,108	€103.0m	0%	no data
2.64%	Capital Research and Management Company	2,673,512	€80.6m	0%	no data
2.57%	Franklin Resources, Inc.	2,599,280	€78.4m	-39%	0.03%
2.21%	Geode Capital Management, LLC	2,233,930	€67.4m	-1.4%	no data
2.05%	Victory Capital Management Inc.	2,076,339	€62.6m	4.38%	0.04%
2.03%	UBS Asset Management AG	2,050,502	€61.8m	6.38%	0.01%
1.95%	North Reef Capital Management LP	1,974,999	€59.5m	132%	2.77%
1.92%	Nomura Investment Management Business Trust	1,941,566	€58.5m	-10.9%	0.09%
1.49%	Managed Account Advisors LLC	1,501,733	€45.3m	-2.32%	0.01%
1.39%	JP Morgan Asset Management	1,406,558	€42.4m	-14.6%	no data
1.34%	Jennison Associates LLC	1,356,333	€40.9m	-16.7%	0.03%
1.33%	Massachusetts Financial Services Company	1,340,686	€40.4m	-3.46%	0.01%
1.26%	John Heyneman	1,275,396	€38.5m	1.28%	no data
1.16%	Charles Schwab Investment Management, Inc.	1,174,698	€35.4m	0.34%	0.01%
1.09%	Norges Bank Investment Management	1,099,110	€33.1m	8.92%	no data
1.07%	Eaton Vance Management	1,079,171	€32.5m	8.22%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/06 20:50
End of Day Share Price	2026/03/06 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

First Interstate BancSystem, Inc. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David George	Baird
Jared David Shaw	Barclays
Jason Goldberg	Barclays