Form 4: Columbia Banking System CFO Ron Farnsworth Reports Stock Disposals
SEC Form 4 Filing
Ron Farnsworth, CFO of Columbia Banking System, reports the disposal of common stock due to tax obligations.
Summary
- On February 28, 2025, Ron L Farnsworth, the Chief Financial Officer of Columbia Banking System, Inc. disposed of 2,930 shares of common stock at a price of $26.73.
- Farnsworth also disposed of 3,073 shares of common stock at a price of $26.73 on the same day.
- Following these transactions, Farnsworth directly owns 141,162 shares of common stock.
- Additionally, Farnsworth indirectly owns 1,354 shares through a spouse's IRA and 1,106 shares through a 401(k).
Sentiment
Score: 5
Explanation: This is a neutral report of stock disposals, likely related to tax obligations, and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders, depending on the reason for the sale and the overall market perception.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal transactions |
| 03/04/2025 | Date of signature on the report |
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