Form 4: Banner Corp Executive VP Karen Harrison Reports Stock Transaction
SEC Form 4 Filing
Executive VP of Banner Bank, Karen Harrison, reports relinquishing shares to cover tax obligations on vesting of restricted stock.
Summary
- Karen Harrison, Executive VP of Banner Bank, filed a Form 4 on April 4, 2025, reporting a transaction on April 3, 2025.
- She relinquished 159 shares of common stock at a price of $60.55 to cover tax obligations related to the vesting of 493 shares of restricted stock under the 2018 Omnibus Incentive Plan.
- Following the transaction, Harrison directly owns 9,223 shares of Banner Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates that an executive is managing their tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being relinquished by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Date of transaction: Karen Harrison relinquished shares to cover tax obligations. |
| 04/04/2025 | Date of Form 4 filing. |
Keywords
Form 4, insider trading, stock transaction, executive compensation, restricted stock, tax obligations, Banner Corp, BANR, Karen Harrison
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.