Form 4: Banner Corp Director John R. Layman Sells 792 Shares
SEC Form 4 Filing
Director John R. Layman sold 792 shares of Banner Corp (BANR) at $46.227 per share on May 9, 2024.
Summary
- On May 9, 2024, John R. Layman, a director of Banner Corp (BANR), sold 792 shares of common stock.
- The sale price was $46.227 per share.
- Following the transaction, Layman directly owns 31,902 shares, which includes 9,994 shares held through a Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding 10% or more of a company's shares) buy or sell their company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: John R. Layman sold 792 shares of Banner Corp. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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