STOCK TITAN

Banner Corp (BANR) EVP has 103 shares withheld for taxes

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

Rhea-AI Filing Summary

Banner Corp executive Daniel Everett Oxford reported a small tax-related share disposition. On vesting of 419 shares of restricted stock under the 2018 Omnibus Incentive Plan, 103 shares of Common Stock were relinquished to cover tax obligations at a market price of $60.86 per share on April 2, 2026. After this withholding, he directly holds 9,308 shares of Banner Corp common stock. This was a tax-withholding event, not an open-market trade.

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Insider Oxford Daniel Everett
Role Executive VP, Banner Bank
Type Security Shares Price Value
Tax Withholding Common Stock, $0.01 par value per share 103 $60.86 $6K
Holdings After Transaction: Common Stock, $0.01 par value per share — 9,308 shares (Direct)
Footnotes (1)
  1. Shares relinquished to cover tax obligations on vesting of 419 shares of restricted stock pursuant to the 2018 Omnibus Incentive Plan. Market price on April 2, 2026.
Shares withheld for taxes 103 shares Tax-withholding disposition on April 2, 2026
Market price per share $60.86 per share Price on April 2, 2026 used for tax withholding
Shares vested 419 shares Restricted stock vesting under 2018 Omnibus Incentive Plan
Shares held after transaction 9,308 shares Direct ownership following tax-withholding event
restricted stock financial
"vesting of 419 shares of restricted stock pursuant to the 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 the 2018 Omnibus Incentive Plan"
tax obligations financial
"Shares relinquished to cover tax obligations on vesting of 419 shares"
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.
Common Stock, $0.01 par value per share financial
"security_title": "Common Stock, $0.01 par value per share""
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*
Oxford Daniel Everett

(Last)(First)(Middle)
10 S. FIRST STREET

(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)
Executive VP, Banner Bank
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 share04/02/2026F103(1)D$60.86(2)9,308D
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 obligations on vesting of 419 shares of restricted stock pursuant to the 2018 Omnibus Incentive Plan.
2. Market price on April 2, 2026.
/s/ Richard C. Arnold, attorney-in-fact for Mr. Oxford04/03/2026
** 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)

FAQ

What insider transaction did BANR executive Daniel Oxford report?

Executive VP Daniel Everett Oxford reported a tax-withholding disposition of 103 Banner Corp shares. The shares were relinquished to cover taxes upon vesting of 419 restricted stock shares under the 2018 Omnibus Incentive Plan at a market price of $60.86.

Was the BANR insider transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 103 shares were surrendered to satisfy tax obligations on vesting of restricted stock, a routine, non-market event commonly associated with equity compensation programs.

How many Banner Corp shares did Daniel Oxford have withheld for taxes?

The filing reports that 103 shares of Banner Corp common stock were relinquished. These shares covered tax obligations arising from the vesting of 419 restricted stock shares, using a market price of $60.86 per share on April 2, 2026.

How many BANR shares does Daniel Oxford hold after this Form 4 transaction?

After the tax-withholding disposition, Daniel Everett Oxford directly holds 9,308 shares of Banner Corp common stock. This figure reflects his position immediately following the 103-share relinquishment to cover taxes on the recent restricted stock vesting.

What equity award triggered the tax-withholding event for BANR’s executive?

The event was triggered by the vesting of 419 shares of restricted stock granted under Banner Corp’s 2018 Omnibus Incentive Plan. To cover related tax obligations, 103 of those shares were relinquished at a market price of $60.86 per share.

What price per share was used for the BANR tax-withholding transaction?

The Form 4 states a market price of $60.86 per share on April 2, 2026. This price was used in connection with relinquishing 103 shares to satisfy tax obligations on vesting of restricted stock granted to Executive VP Daniel Everett Oxford.