Form 4: Northrim Bancorp EVP, CFO Jed W. Ballard Reports Stock Transaction

Jed W. Ballard, EVP and CFO of Northrim Bancorp Inc., reports the acquisition of 1,414 shares of common stock at $74.97 per share on March 27, 2025.

Summary

• On March 27, 2025, Jed W. Ballard, the EVP and CFO of Northrim Bancorp Inc. (NRIM), acquired 1,414 shares of common stock.
• The purchase price was $74.97 per share.
• Following the transaction, Ballard directly owns 8,280 shares of Northrim Bancorp Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock transaction by an executive. While insider buying can be seen as a positive signal, it's a single transaction and doesn't provide a comprehensive view of the company's performance or outlook.

Positives

• The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.

Stakeholder Impact

• Shareholders may view the insider purchase positively, potentially increasing confidence in the company.

Key Dates

Keywords

Northrim Bancorp, NRIM, Jed W. Ballard, Stock Acquisition, Form 4, EVP, CFO, Beneficial Ownership