BANR.NASDAQBanner CORP

Form 4: Banner Corp Executive Consultant Peter Conner Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Peter Conner, an Executive Consultant at Banner Corp, reported relinquishing 285 shares to cover tax obligations on vested restricted stock on April 3, 2024.

Summary

  • On April 3, 2024, Peter Conner, an Executive Consultant at Banner Corp, relinquished 285 shares of common stock to cover tax obligations.
  • The transaction was related to the vesting of 1,142 shares of restricted stock under the 2018 Omnibus Incentive Plan.
  • The price per share for the transaction was $46.58.
  • Following the transaction, Conner directly owns 48,483 shares of Banner Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider stock transactions, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to stock vesting.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock transaction by an executive consultant.

Key Dates

DateDescription
04/03/2024Date of stock transaction where 285 shares were relinquished to cover tax obligations.
04/04/2024Date of signature on the Form 4 filing.

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