Form 4: Banner Corp Executive VP James P. Garcia Reports Stock Transaction
SEC Form 4 Filing
Executive VP of Banner Bank, James P. Garcia, reports a transaction involving Banner Corp common stock on March 26, 2024, to cover tax obligations.
Summary
- On March 26, 2024, James P. Garcia, Executive VP of Banner Bank, reported a transaction involving Banner Corp common stock.
- The transaction involved relinquishing 110 shares to cover tax obligations on the vesting of 448 shares of restricted stock under the 2018 Omnibus Incentive Plan.
- The price per share for the transaction was $45.76.
- Following the transaction, Garcia beneficially owns 16,789 shares of Banner Corp common stock directly.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock transaction: 110 shares relinquished to cover tax obligations. |
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