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Columbia Banking director proposes $329K share sale

Fidelity Brokerage Services LLC is named as broker, with October 29, 2026, listed as the approximate sale date.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Columbia Banking System, Inc. (COLB) director Steven R. Gardner filed notice of a proposed sale of 10,522 common shares, with an aggregate market value of $328,616.53, through Fidelity Brokerage Services LLC. The notice lists October 29, 2026, as the approximate sale date. It attributes the shares to open-market purchases of 180 shares on August 1, 2011, 1,650 shares on August 4, 2011, and 8,692 shares on October 3, 2024.

Common shares proposed for sale 10,522 shares Approximate sale date: October 29, 2026
Aggregate market value $328,616.53 Proposed sale
Shares outstanding 282,902,268 shares Number listed in the securities information
Shares acquired 180 shares Open-market purchase on August 1, 2011
Shares acquired 1,650 shares Open-market purchase on August 4, 2011
Shares acquired 8,692 shares Open-market purchase on October 3, 2024
Rule 144 regulatory
"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.
Open Market Purchase financial
"Open Market Purchase"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
attorney-in-fact regulatory
"as attorney-in-fact for Steven R. Gardner"
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 shares does Steven R. Gardner plan to sell in COLB?

Steven R. Gardner, identified as a director, submitted notice of a proposed sale of 10,522 common shares with an aggregate market value of $328,616.53. Fidelity Brokerage Services LLC is listed as the broker, and October 29, 2026, is the approximate sale date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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