Form 4: Columbia Banking System Executive VP Torran B. Nixon Reports Stock Disposal

Senior Executive VP Torran B. Nixon of Columbia Banking System, Inc. reports disposing of 2,098 shares of common stock to cover tax obligations.

Summary

• Torran B. Nixon, a Senior Executive VP at Columbia Banking System, Inc., filed a Form 4 with the SEC.
• The report details a transaction on February 14, 2025, where 2,098 shares of common stock were disposed of at a price of $27.41 per share.
• This disposal was likely to cover tax obligations related to vesting of restricted stock or similar compensation.
• Following the transaction, Nixon directly owns 116,417 shares of Columbia Banking System, Inc.
• Nixon also indirectly owns 3,650 shares through the Nixon Family Trust and 1,578 shares through a 401(k).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction by an executive, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to executive compensation and tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard disposal of shares by an executive.

Key Dates

Keywords

Form 4, SEC, insider trading, stock disposal, COLB, Columbia Banking System, Nixon, executive compensation