Form 4: Columbia Banking System CFO Ron Farnsworth Reports Stock Disposal
SEC Form 4 Filing
Ron Farnsworth, CFO of Columbia Banking System, reports the disposal of 2,240 shares of common stock to cover tax obligations.
Summary
- On February 14, 2025, Ron Farnsworth, the Chief Financial Officer of Columbia Banking System, Inc. disposed of 2,240 shares of common stock.
- The transaction was a disposal (D) of shares at a price of $27.41 per share.
- Following the transaction, Farnsworth directly owns 147,165 shares of common stock.
- Farnsworth also indirectly owns 1,354 shares through a spouse's IRA and 1,106 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock disposal. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The disposal of shares by a company executive could be perceived negatively by some shareholders, but is likely immaterial given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock disposal transaction |
| 02/18/2025 | Date of signature on the report |
Keywords
Form 4, COLB, Columbia Banking System, Ron Farnsworth, CFO, Stock Disposal, Beneficial Ownership
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