Form 4: Banner Corp Executive VP Relinquishes Shares for Tax Obligations
SEC Form 4 Filing
Cynthia D. Purcell, Executive VP of Banner Bank, relinquished 372 shares of Banner Corp stock to cover tax obligations on vesting restricted stock.
Summary
- On March 28, 2024, Cynthia D. Purcell, Executive VP of Banner Bank, relinquished 372 shares of Banner Corp common stock to cover tax obligations.
- The transaction was executed at a price of $47.87 per share.
- Following the transaction, Purcell directly owns 34,671 shares, including shares held through a Deferred Compensation Plan and a 401(k) Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Cynthia D. Purcell relinquished 372 shares of Banner Corp stock. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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