Form 4: Columbia Banking System Executive Frank Namdar Reports Stock Disposal
SEC Form 4 Filing
Frank Namdar, Chief Credit Officer of Columbia Banking System, Inc., reported disposing of 1,311 shares of common stock on February 14, 2025, for tax purposes.
Summary
- On February 14, 2025, Frank Namdar, the Chief Credit Officer of Columbia Banking System, Inc., disposed of 1,311 shares of common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- The shares were disposed of at a price of $27.41 per share.
- Following the transaction, Namdar directly owns 36,169 shares of common stock and indirectly owns 3,669 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a transaction by an officer of Columbia Banking System, which is typical and expected.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock disposal transaction |
| 02/18/2025 | Date of Form 4 filing |
Keywords
Form 4, SEC Filing, Stock Disposal, COLB, Columbia Banking System, Frank Namdar, Insider Trading
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