Form 4: Columbia Banking System Executive Andrew Ognall Reports Stock Transactions
SEC Form 4 Filing
Andrew Ognall, IMO General Counsel of Columbia Banking System, reports the disposition of shares to cover tax obligations and holdings through a 401(k).
Summary
- On February 28, 2024, Andrew Ognall, IMO General Counsel of Columbia Banking System, Inc., reported a transaction involving common stock.
- Ognall disposed of 1,668 shares of common stock at a price of $17.76 per share to cover tax obligations.
- Following the transaction, Ognall directly owns 71,938 shares of common stock.
- Ognall also indirectly owns 2,471 shares through a 401(k).
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a routine disclosure of stock transactions by an insider.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential insights into their perspectives on the company's value.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transaction |
| 03/01/2024 | Date of signature by Attorney-in-fact |
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