Form 4: Banner Corp Executive VP Janet M. Brown Reports Stock Transaction
SEC Form 4 Filing
Executive VP of Banner Bank, Janet M. Brown, reports relinquishing shares to cover tax obligations on vesting of restricted stock.
Summary
- On April 3, 2024, Janet M. Brown, Executive VP of Banner Bank, relinquished 152 shares of Banner Corp common stock to cover tax obligations.
- The transaction occurred at a price of $46.58 per share.
- Following the transaction, Brown directly owns 15,921 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 convey any particularly positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to stock vesting and tax obligations. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine adjustment of share ownership related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of stock transaction: Janet M. Brown relinquished shares to cover tax obligations. |
| 04/04/2024 | Date of signature on the Form 4 filing. |
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