Form 4: Banner Corp Executive Consultant Peter Conner Reports Stock Transaction
SEC Form 4 Filing
Peter Conner, an Executive Consultant at Banner Corp, reports relinquishing 252 shares to cover tax obligations on vesting of restricted stock on March 26, 2024.
Summary
- On March 26, 2024, Peter Conner, an Executive Consultant at Banner Corp, reported a transaction involving the company's common stock.
- Conner relinquished 252 shares of common stock to cover tax obligations related to the vesting of 1,008 shares of restricted stock under the 2018 Omnibus Incentive Plan.
- The price per share for this transaction was $45.76, based on the market price on March 26, 2024.
- Following the transaction, Conner directly owns 49,003 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 inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine adjustment of executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock transaction: Peter Conner relinquished shares to cover tax obligations. |
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