Form 4: Banner Corp Executive VP James M. Costa Reports Stock Transaction
SEC Form 4 Filing
Executive VP of Banner Bank, James M. Costa, reports a transaction involving Banner Corp common stock on October 29, 2024, to cover tax obligations.
Summary
- On October 29, 2024, James M. Costa, Executive VP of Banner Bank, reported a transaction involving Banner Corp common stock.
- 218 shares were relinquished to cover tax obligations on the vesting of 854 shares of restricted stock.
- The transaction was executed at a market price of $64.7 per share.
- Following the transaction, Costa directly owns 24,561 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 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being relinquished by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/29/2024 | Date of stock transaction where 218 shares were relinquished to cover tax obligations. |
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