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 Banner Corp common stock on April 3, 2025, to cover tax obligations.
Summary
- On April 3, 2025, M. Kirk Quillin, Executive VP of Banner Bank, reported a transaction involving Banner Corp common stock.
- The transaction involved the relinquishment of 153 shares to cover tax obligations on the vesting of 627 performance shares.
- The shares were relinquished at a market price of $60.55 per share.
- Following the transaction, Quillin beneficially owns 37,070 shares of Banner Corp common stock, 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 SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares relinquished by an executive.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Date of stock transaction |
| 04/04/2025 | Date of signature |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Executive VP, Banner Corp, BANR, Quillin, Tax Obligations
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