First Interstate BancSystem director Julie A. Scott sells $101,628 shares

Julie A. Scott, a director and 10% owner of First Interstate BancSystem Inc., sold 2,700 shares of common stock for a total of $101,628 on September 16, 2026. The transaction was carried out by the Julie A Scott Rose Trustee of the Julie A Scott Rose Trust dated 5-14-02. After the sale, Ms. Scott indirectly owns 484,309 shares of the company's common stock.

The sale price of $37.64 per share reflects the stock trading near $36.92, and InvestingPro analysis suggests the company is undervalued relative to its Fair Value. First Interstate BancSystem, a regional bank with a market capitalization of $3.57 billion, offers a dividend yield of 5.04% and has maintained dividend payments for 17 consecutive years.

The reporting persons may be considered members of a group with voting and dispositive power, though they disclaim beneficial ownership of the securities except for their pecuniary interests. First Interstate BancSystem reported strong second-quarter results, surpassing Wall Street expectations with earnings of $0.87 per share and revenue of $263.9 million, while net income increased to $83.9 million.

However, Barclays downgraded the company from Equalweight to Underweight, citing a slower-than-expected balance sheet turnaround and a 3% decline in loan balances and a 2% drop in deposits during the quarter.