Form 4: Banner Corp Executive VP Jill M. Rice Reports Stock Transaction
SEC Form 4 Filing
Executive VP of Banner Bank, Jill M. Rice, reports disposition of shares to cover tax obligations.
Summary
- On March 28, 2024, Jill M. Rice, Executive VP of Banner Bank, disposed of 112 shares of Banner Corp common stock to cover tax obligations.
- The shares were sold at a price of $47.87 per share.
- Following the transaction, Rice directly owns 16,559 shares and indirectly owns 336 shares through a 401(k) plan.
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
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock transaction |
| 04/01/2024 | Date of signature |
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