Form 4: Executive VP Sherrey Luetjen Reports Stock Transaction in Banner Corp (BANR)
SEC Form 4 Filing
Executive VP Sherrey Luetjen relinquished 128 shares of Banner Corp stock to cover tax obligations on vesting of restricted stock on March 28, 2024.
Summary
- On March 28, 2024, Sherrey Luetjen, an Executive VP at Banner Corp, relinquished 128 shares of common stock to cover tax obligations.
- The transaction was related to the vesting of 525 shares of restricted stock under the 2018 Omnibus Incentive Plan.
- The price per share for the transaction was $47.87.
- Following the transaction, Luetjen directly owns 11,421 shares of Banner Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction related to executive compensation. It doesn't indicate any positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the stock ownership of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock transaction where 128 shares were relinquished to cover tax obligations. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.