James F. Comer, a director at Wilson Bank Holding Co, has exercised stock options and stock appreciation rights, a significant move that alters his ownership stake in the company. This action is noteworthy as it reflects ongoing trends in executive compensation within the national commercial banking sector.

According to the recent filing dated November 3, 2026, Comer exercised 5,000 stock appreciation rights and 5,000 non-qualified stock options. Both of these transactions were executed at an exercise price of $62.10. Following these transactions, Comer no longer holds any shares in Wilson Bank Holding Co.

Background

Wilson Bank Holding Co is a financial institution incorporated in Tennessee, primarily classified under the national commercial banks category. The company operates from its headquarters in Lebanon, TN, and is known for providing a range of banking services to its customers. The recent filing indicates that the bank's fiscal year ends on December 31. The company’s CIK number is 0000885275.

What the Filing Says

The SEC filing reveals that Comer exercised both the stock appreciation rights and the non-qualified stock options on the same day. The filing states, "This cash settled stock appreciation right fully vested on 10/25/2026. All shares have been exercised." It further notes that the non-qualified stock option was exercised through a net cash settlement, meaning no shares were issued upon exercise.

Impact

Comer's actions may have implications for the company's governance and compensation structure. As a director, his decisions regarding stock options and appreciation rights can influence how other executives and directors approach their own compensation. This move could also affect stakeholder perceptions of executive compensation practices at Wilson Bank Holding Co and within the broader banking industry.

What's Next

The filing does not say what happens next.