Form 4: Banner Corp Executive VP Robert Butterfield Reports Stock Transaction
SEC Filing
Executive VP Robert Butterfield of Banner Corp reports relinquishing shares to cover tax obligations on vesting of restricted stock.
Summary
- On March 31, 2025, Robert Butterfield, Executive VP of Banner Corp, relinquished 168 shares of common stock to cover tax obligations.
- The shares were relinquished at a price of $63.61 per share.
- Following the transaction, Butterfield directly owns 18,785 shares of Banner Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions for tax purposes.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine executive stock transaction.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of stock transaction where shares were relinquished to cover tax obligations. |
| 04/01/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Executive VP, Robert Butterfield, BANNER CORP, BANR, Stock Transaction, Tax Obligations, Restricted Stock
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