Banner Corp officer plans sale of 1,314 shares
An officer of BANNER CORP has filed a Form 144 notice to sell 1,314 shares of common stock acquired through restricted stock vesting.
Rhea-AI Filing Summary
BANNER CORP (BANR) has a Form 144 filing indicating that officer Karen Harrison plans a Rule 144 sale of common stock held at Fidelity Brokerage Services LLC. The notice covers 1,314 shares of common stock with an aggregate market value of $92,335.66, to be sold on or about September 10, 2026 on NASDAQ.
The shares proposed for sale were acquired as restricted stock vesting compensation from the issuer, including 384 shares that vested on April 1, 2025, 334 shares that vested on April 3, 2025, and 596 shares that vested on April 1, 2026.
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Key Figures
Shares proposed to be sold: 1,314 shares
Aggregate market value of shares proposed to be sold: $92,335.66
Restricted stock vesting on April 1, 2025: 384 shares
+3 more
6 metrics
Shares proposed to be sold
1,314 shares
Common stock under Rule 144 notice, with Fidelity as broker
Aggregate market value of shares proposed to be sold
$92,335.66
Value associated with 1,314 shares of BANNER CORP common stock
Restricted stock vesting on April 1, 2025
384 shares
Compensation shares from issuer acquired by restricted stock vesting
Restricted stock vesting on April 3, 2025
334 shares
Compensation shares from issuer acquired by restricted stock vesting
Restricted stock vesting on April 1, 2026
596 shares
Compensation shares from issuer acquired by restricted stock vesting
Planned sale date
September 10, 2026
Expected sale date of the 1,314 shares on NASDAQ
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 04/01/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Karen Harrison"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for BANNER CORP (BANR)?
The Form 144 discloses that officer Karen Harrison has notified of a planned sale of 1,314 shares of BANNER CORP common stock through Fidelity Brokerage Services LLC under Rule 144, with trading indicated for NASDAQ.
Who is executing the Form 144 sale for BANNER CORP (BANR)?
The broker listed is Fidelity Brokerage Services LLC. The Form 144 is signed by Louis Kurnick as a duly authorized representative of Fidelity, acting as attorney-in-fact for Karen Harrison.
AI-generated analysis. How Rhea-AI works. Not financial advice.