Form 4: Columbia Banking System PAO & Corporate Controller Lisa M White Reports Stock Disposal

Lisa M White, PAO & Corporate Controller of Columbia Banking System, disposed of 632 shares of common stock on February 28, 2024, to cover tax obligations.

Summary

• On February 28, 2024, Lisa M White, the PAO & Corporate Controller of Columbia Banking System, disposed of 632 shares of common stock.
• The transaction was executed at a price of $17.76 per share.
• Following the transaction, White directly owns 17,812 shares of Columbia Banking System common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction (disposal of shares to cover tax obligations) and doesn't necessarily indicate a positive or negative sentiment towards the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The disposal of shares by an insider could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.

Key Dates