STOCK TITAN
  1. Home
  2. Sec-filings
  3. BANR
  4. [Form 4] BANNER CORP Insider Trading Activity

Banner Corp (BANR) CEO relinquishes 1,094 shares to cover taxes on vested stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Banner Corp President and CEO Mark J. Grescovich reported a routine tax-related share disposition. On April 2, 2026, he relinquished 1,094 shares of common stock at $60.86 per share to cover tax obligations on the vesting of 2,778 restricted shares under the 2018 Omnibus Incentive Plan. After this tax-withholding transaction, he directly holds 269,252 shares of Banner Corp common stock.

Positive

  • None.

Negative

  • None.
Insider GRESCOVICH MARK J
Role President and CEO
Type Security Shares Price Value
Tax Withholding Common Stock, $0.01 par value per share 1,094 $60.86 $67K
Holdings After Transaction: Common Stock, $0.01 par value per share — 269,252 shares (Direct)
Footnotes (1)
  1. Shares relinquished to cover tax obligation on vesting of 2,778 shares of restricted stock pursuant to 2018 Omnibus Incentive Plan. Market price on April 2, 2026.
Shares relinquished for taxes 1,094 shares Tax-withholding disposition on restricted stock vesting
Per-share value for withholding $60.86 per share Market price on April 2, 2026
Shares after transaction 269,252 shares Direct holdings following tax withholding
Restricted stock vested 2,778 shares Vesting under 2018 Omnibus Incentive Plan
restricted stock financial
"vesting of 2,778 shares of restricted stock pursuant to 2018 Omnibus Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2018 Omnibus Incentive Plan financial
"restricted stock pursuant to 2018 Omnibus Incentive Plan"
tax obligation financial
"Shares relinquished to cover tax obligation on vesting of 2,778 shares"
Common Stock, $0.01 par value per share financial
"security_title": "Common Stock, $0.01 par value per share"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GRESCOVICH MARK J
(Last)(First)(Middle)
10 SOUTH FIRST AVE.
(Street)
WALLA WALLA WASHINGTON 99362
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
BANNER CORP [ BANR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $0.01 par value per share04/02/2026F1,094(1)D$60.86(2)269,252D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares relinquished to cover tax obligation on vesting of 2,778 shares of restricted stock pursuant to 2018 Omnibus Incentive Plan.
2. Market price on April 2, 2026.
/s/ Richard C. Arnold, attorney-in-fact for Mr. Grescovich04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Banner Corp (BANR) CEO Mark Grescovich report?

Mark Grescovich reported a tax-related share disposition. He relinquished 1,094 shares of Banner Corp common stock to cover taxes due on the vesting of 2,778 restricted shares granted under the company’s 2018 Omnibus Incentive Plan.

Was the Banner Corp (BANR) CEO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The 1,094 shares were withheld to satisfy tax obligations arising from the vesting of 2,778 restricted stock shares, as noted in the footnote, rather than being sold on the open market.

How many Banner Corp (BANR) shares does the CEO hold after this tax withholding?

Following the tax-withholding disposition, Mark Grescovich directly holds 269,252 shares of Banner Corp common stock. This figure reflects his position after 1,094 shares were relinquished to cover taxes on vesting restricted stock.

At what price were the tax-withheld Banner Corp (BANR) shares valued?

The 1,094 shares relinquished for tax obligations were valued at $60.86 per share. A filing footnote states this amount represents the market price of Banner Corp common stock on April 2, 2026, the date of the transaction.