Form 4: Banner Corp Executive VP Janet M. Brown Reports Stock Transactions
SEC Form 4 Filing
Executive VP of Banner Bank, Janet M. Brown, reports acquisition and disposal of Banner Corp stock on March 6, 2025, according to a Form 4 filing.
Summary
- Janet M. Brown, Executive VP of Banner Bank, reported transactions involving Banner Corp stock.
- On March 6, 2025, Brown acquired 2,161 shares of common stock at a price of $63.89 per share.
- On the same day, Brown disposed of 632 shares to cover tax obligations related to the vesting of restricted stock.
- Following these transactions, Brown beneficially owns 15,199 shares of Banner Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely negligible given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Original report of performance shares award. |
| 03/06/2025 | Date of stock acquisition and disposal. |
| 03/07/2025 | Date of signature on the report. |
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