Form 4: Banner Corp Executive VP Janet M. Brown Reports Stock Transaction
SEC Form 4 Filing
Janet M. Brown, Executive VP of Banner Bank, reports relinquishing shares to cover tax obligations on vesting of restricted stock.
Summary
- On March 31, 2025, Janet M. Brown, Executive VP of Banner Bank, relinquished 125 shares of Banner Corp common stock to cover tax obligations.
- The transaction was related to the vesting of 501 shares of restricted stock under the 2018 Omnibus Incentive Plan.
- The shares were relinquished at a market price of $63.61 per share.
- Following the transaction, Brown directly owns 15,074 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 a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares relinquished for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of stock transaction where shares were relinquished to cover tax obligations. |
| 04/01/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Transaction, Executive VP, Banner Corp, BANR, Janet M. Brown
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.