Banner Corp (BANR) EVP has 103 shares withheld for taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
Shares withheld for taxes: 103 shares
Market price per share: $60.86 per share
Shares vested: 419 shares
+1 more
4 metrics
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
Key Terms
restricted stock, 2018 Omnibus Incentive Plan, tax obligations, tax-withholding disposition, +1 more
5 terms
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.
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.
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.