Form 4: Columbia Banking System Officer Lisa M. White Reports Stock Disposal
SEC Form 4 Filing
Lisa M. White, PAO & Corporate Controller of Columbia Banking System, Inc., reported the disposal of 619 shares of common stock on February 14, 2025, for tax purposes.
Summary
- On February 14, 2025, Lisa M. White, the PAO & Corporate Controller of Columbia Banking System, Inc. (COLB), disposed of 619 shares of common stock.
- The transaction was executed at a price of $27.41 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, White directly owns 24,586 shares of Columbia Banking System, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine filing related to an insider stock transaction, likely for tax purposes. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the US equity market, providing transparency into the transactions of company insiders. This allows investors to monitor the actions of those with the most knowledge of the company's prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an officer.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock disposal transaction |
| 02/18/2025 | Date of Form 4 filing |
Keywords
Form 4, COLB, Columbia Banking System, Insider Trading, Stock Disposal, Lisa M. White
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.