Form 4: Columbia Banking System CEO Clint Stein Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Clint Stein, CEO of Columbia Banking System, disposed of 9,789 shares of common stock on February 28, 2025, to cover tax obligations.
Summary
- On February 28, 2025, Clint Stein, the President and CEO of Columbia Banking System, disposed of 9,789 shares of common stock.
- The transaction was executed at a price of $26.73 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, Stein directly owns 142,961 shares of Columbia Banking System common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock disposal for tax purposes, and doesn't indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Clint Stein disposed of shares. |
| 03/04/2025 | Date of signature by Attorney-in-fact. |
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