Form 4: Banner Corp Executive VP Karen Harrison Reports Stock Transaction
SEC Form 4 Filing
Karen Harrison, Executive VP of Banner Bank, reports relinquishing shares to cover tax obligations on vesting of restricted stock.
Summary
- On April 3, 2024, Karen Harrison, Executive VP of Banner Bank, relinquished 158 shares of Banner Corp common stock to cover tax obligations.
- The transaction was related to the vesting of 492 shares of restricted stock under the 2018 Omnibus Incentive Plan.
- The price per share for the transaction was $46.58.
- Following the transaction, Harrison directly owns 6,428 shares of Banner Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who have stock-based compensation. It provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of stock transaction: Karen Harrison relinquished shares to cover tax obligations. |
| 04/04/2024 | Date of signature on the Form 4 filing. |
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