Columbia Banking (NASDAQ: COLB) EVP logs tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Banking System executive reports tax-related share disposition
COLUMBIA BANKING SYSTEM, INC. executive officer Kumi Yamamoto Baruffi, EVP General Counsel and Corporate Secretary, reported a tax-withholding disposition of 1,799 shares of common stock at $28.45 per share. After this tax-related transaction, she directly holds 52,271 shares of Columbia Banking System common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BARUFFI KUMI YAMAMOTO
Role
EVP General Counsel, Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,799 | $28.45 | $51K |
Holdings After Transaction:
Common Stock — 52,271 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did COLB executive Kumi Yamamoto Baruffi report?
Kumi Yamamoto Baruffi reported a tax-withholding disposition of 1,799 shares of Columbia Banking System common stock. The shares were transferred at $28.45 per share to cover tax obligations related to equity compensation, rather than an open-market sale transaction.
What is the size of the reported Form 4 transaction for COLB?
The reported Form 4 transaction involves 1,799 shares of Columbia Banking System common stock. These shares were disposed of at $28.45 per share for tax-withholding purposes, reflecting a relatively small adjustment to the executive’s holdings rather than a large-scale share sale.
What does transaction code "F" mean in the COLB Form 4 filing?
Transaction code “F” indicates a tax-withholding disposition, where shares are delivered to pay the exercise price or tax liability. For COLB, the 1,799 shares were used to satisfy tax obligations on equity compensation, not as a discretionary open-market sale of stock.
Is the COLB insider transaction a buy or a sell of common stock?
The transaction is categorized as a disposition for tax withholding, not a typical open-market sale. Shares were transferred at $28.45 each to satisfy tax obligations, while the executive continues to directly own 52,271 shares of Columbia Banking System common stock afterward.