Form 4: Columbia Banking System Director Acquires Shares
SEC Form 4 Filing
Director Terry Hilliard C. III of Columbia Banking System, Inc. reports acquisition of 4,183 shares of common stock on May 10, 2024.
Summary
- On May 10, 2024, Terry Hilliard C. III, a director of Columbia Banking System, Inc., acquired 4,183 shares of common stock.
- The acquisition price was $0 per share.
- Following the transaction, Hilliard directly owns 48,183 shares of Columbia Banking System, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock acquisition, which can be interpreted as a sign of confidence, but without further context, it's difficult to gauge the overall impact.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Terry Hilliard C. III acquired shares of common stock. |
| 05/14/2024 | Date of signature: Form 4 signed by Lisa M. White, Attorney-in-fact. |
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