Form 4: Banner Corp Executive VP M. Kirk Quillin Reports Stock Transaction
SEC Form 4 Filing
M. Kirk Quillin, Executive VP of Banner Bank, reports a transaction involving common stock to cover tax obligations.
Summary
- On March 26, 2024, M. Kirk Quillin, Executive VP of Banner Bank, reported a transaction involving Banner Corp's common stock.
- The transaction involved the relinquishment of 117 shares to cover tax obligations on the vesting of 478 shares of restricted stock.
- The price per share was $45.76.
- Following the transaction, Quillin directly owns 28,618 shares, which includes 2,000 shares through a 401(k) rollover account and 444 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 is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock transaction and filing date. |
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