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 a transaction involving Banner Corp stock on April 3, 2025, where shares were relinquished to cover tax obligations.
Summary
- On April 3, 2025, Jill M. Rice, Executive VP of Banner Bank, reported a transaction involving Banner Corp stock.
- 142 shares of common stock were disposed of to cover tax obligations on the vesting of 581 shares of restricted stock.
- The transaction was executed at a market price of $60.55 per share.
- Following the transaction, Rice directly owns 26,203 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
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives to cover tax obligations related to vesting equity awards by relinquishing shares.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Date of stock transaction where shares were relinquished to cover tax obligations. |
| 04/04/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Jill M. Rice, Banner Corp, BANR
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