Form 4: Banner Corp Executive Consultant Peter Conner Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Peter Conner, Executive Consultant at Banner Corp, reports a transaction involving common stock related to tax obligations on vesting of restricted stock.
Summary
- On March 28, 2024, Peter Conner, Executive Consultant at Banner Bank, relinquished 235 shares of Banner Corp common stock to cover tax obligations.
- This transaction was related to the vesting of 939 shares of restricted stock under the 2018 Omnibus Incentive Plan.
- The price per share for the transaction was $47.87.
- Following the transaction, Conner directly owns 48,768 shares of Banner Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives to manage their tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock transaction where 235 shares were relinquished to cover tax obligations. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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