Form 4: Banner Corp Executive VP Kenneth Larsen Reports Stock Transaction
SEC Form 4 Filing
Executive VP of Banner Bank, Kenneth Larsen, reports disposition of shares to cover tax obligations.
Summary
- Kenneth A. Larsen, Executive VP of Banner Bank, reported a transaction involving Banner Corp stock on April 3, 2025.
- Larsen disposed of 103 shares of common stock at a price of $60.55 per share to cover tax obligations.
- Following the transaction, Larsen beneficially owns 25,149 shares of Banner Corp.
- This includes 2,920 shares through a Deferred Compensation Plan and 225 shares through an IRA.
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 regulatory compliance for corporate insiders, providing transparency into their stock transactions. This filing indicates a standard transaction to cover tax obligations.
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 |
|---|---|
| 04/03/2025 | Date of stock transaction (disposal of shares). |
| 04/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Transaction, Beneficial Ownership, Banner Corp, BANR, Kenneth Larsen
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.