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 relinquishing 100 shares of Banner Corp stock to cover tax obligations on vesting of restricted stock on March 26, 2024.
Summary
- On March 26, 2024, Jill M. Rice, Executive VP of Banner Bank, reported a transaction involving Banner Corp stock.
- Rice relinquished 100 shares of common stock to cover tax obligations related to the vesting of 410 shares of restricted stock under the 2018 Omnibus Incentive Plan.
- The transaction was executed at a market price of $45.76 per share.
- Following the transaction, Rice directly owns 16,671 shares of Banner Corp common stock.
- Rice also indirectly owns 336 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock transaction: 100 shares relinquished to cover tax obligations. |
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.