STOCK TITAN

COLB (COLB) EVP Deer uses 531 shares to cover tax withholding

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

Rhea-AI Filing Summary

COLUMBIA BANKING SYSTEM, INC. executive Aaron James Deer reported a tax-related share disposition. On February 15, 2026, he transferred 531 shares of common stock at $31.49 per share to cover tax obligations. After this tax-withholding disposition, he directly owned 41,843 common shares.

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Insider Deer Aaron James
Role EVP Chief Strategy/Innov Offcr
Type Security Shares Price Value
Tax Withholding Common Stock 531 $31.49 $17K
Holdings After Transaction: Common Stock — 41,843 shares (Direct)
Footnotes (1)
SEC Form 4
FORM 4 UNITED 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*
Deer Aaron James

(Last) (First) (Middle)
C/O COLUMBIA BANKING SYSTEM, INC.
1301 A STREET

(Street)
TACOMA WA 98402

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COLUMBIA BANKING SYSTEM, INC. [ COLB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Chief Strategy/Innov Offcr
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/15/2026 F 531 D $31.49 41,843 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Andrea M. Newburn, Attorney-in-fact 02/18/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did COLB executive Aaron James Deer report?

Aaron James Deer reported a tax-withholding disposition of COLB common stock. On February 15, 2026, he transferred 531 shares at $31.49 per share to satisfy tax obligations related to equity compensation, rather than executing an open-market sale.

How many COLB shares did Aaron James Deer dispose of for taxes?

He disposed of 531 shares of COLUMBIA BANKING SYSTEM, INC. common stock. The shares were transferred at $31.49 per share as part of a tax-withholding transaction, commonly used to cover income tax on vested equity awards.

Was the COLB insider transaction by Aaron James Deer an open-market sale?

No, the filing describes a tax-withholding disposition, not an open-market sale. The transaction used share delivery at $31.49 per share to pay tax liabilities associated with equity compensation, a routine administrative mechanism for insiders.

How many COLB shares does Aaron James Deer own after the reported transaction?

After the transaction, Aaron James Deer directly owned 41,843 shares of COLB common stock. This total reflects his holdings following the 531-share tax-withholding disposition completed on February 15, 2026, as reported in the insider filing.

What does transaction code F mean in the COLB Form 4 filing?

Transaction code F indicates payment of exercise price or tax liability by delivering securities. For COLB, Aaron James Deer used 531 common shares at $31.49 per share to satisfy tax obligations, rather than paying those taxes in cash.