Banner Corp officer to sell 1,070 shares
BANNER CORP (BANR) received a notice that officer James P.G.
Rhea-AI Filing Summary
BANNER CORP (BANR) received a notice that officer James P.G. McLean plans to sell 1,070 shares of common stock under Rule 144 through Fidelity Brokerage Services LLC. The shares come from restricted stock vesting awards of 603 and 467 shares that vested in March and April 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 1,070 shares
Aggregate market value: $76,954.40
Restricted stock vesting (March 4, 2026): 603 shares
+2 more
5 metrics
Shares proposed to be sold
1,070 shares
Common stock under Rule 144 notice for James P.G. McLean
Aggregate market value
$76,954.40
Value of 1,070 common shares proposed for sale as of September 14, 2026
Restricted stock vesting (March 4, 2026)
603 shares
Restricted stock vesting from issuer identified as compensation
Restricted stock vesting (April 3, 2026)
467 shares
Restricted stock vesting from issuer identified as compensation
Planned sale date
September 14, 2026
Proposed sale date for the 1,070 common shares
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 | 03/04/2026 | 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 James P. McLean"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filed for BANR disclose?
It discloses that officer James P.G. McLean has filed a notice of proposed sale under Rule 144 for 1,070 shares of BANNER CORP common stock through Fidelity Brokerage Services LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.