Form 4: Banner Corp Executive VP Relinquishes Shares for Tax Obligations
SEC Form 4 Filing
Kayleen R. Kohler, Executive VP of Banner Bank, relinquished 123 shares of Banner Corp common stock to cover tax obligations on vesting restricted stock.
Summary
- On March 26, 2024, Kayleen R. Kohler, Executive VP of Banner Bank, relinquished 123 shares of Banner Corp common stock to cover tax obligations.
- The transaction was executed at a price of $45.76 per share.
- Following the transaction, Kohler directly owns 18,103 shares of Banner Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications for the company's outlook.
Industry Context
This is a routine Form 4 filing, reflecting an insider transaction related to tax obligations on vested restricted stock. Such transactions are common and generally don't indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of transaction: Kayleen R. Kohler relinquished 123 shares of Banner Corp common stock. |
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