Form 4: COLB EVP Chief Risk Officer Disposes Shares for Tax

Columbia Banking System's EVP Chief Risk Officer, Andrew H. Ognall, disposed of 931 shares of common stock for tax purposes.

Summary

• Andrew H. Ognall, the Executive Vice President and Chief Risk Officer of Columbia Banking System, Inc. (COLB), reported a disposition of common stock.
• The transaction involved 931 shares of common stock, which were disposed of on February 15, 2026, at a price of $31.49 per share.
• This disposition was identified by transaction code 'F', indicating it was made to satisfy tax withholding obligations related to vested equity.
• Following this transaction, Mr. Ognall directly beneficially owns 74,006 shares and indirectly owns 2,635 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the disposition of shares is for tax purposes and not a discretionary sale, which typically does not signal a change in insider sentiment.

Positives

• The transaction is a routine tax-related disposition, not a discretionary sale, which suggests no negative sentiment from the insider regarding the company's future prospects.

Negatives

• A reduction in direct share ownership, even if for tax purposes, slightly decreases the insider's direct stake in the company.

Future Outlook

This filing, a Form 4, does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those coded 'F' for tax withholding, are common occurrences and generally do not reflect a change in an insider's view of the company's prospects or broader industry trends. Such transactions are typically pre-planned or mandatory for vested equity.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction by a single executive.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Columbia Banking System, COLB, Andrew H. Ognall, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, EVP Chief Risk Officer