Columbia Banking System (COLB) exec withholds shares for tax
Rhea-AI Filing Summary
Columbia Banking System Senior Executive VP Christopher Merrywell reported a tax-withholding disposition of 3,230 shares of common stock at $28.45 per share. This Form 4 event reflects shares withheld to satisfy tax obligations rather than an open-market sale. After the transaction, he directly owned 41,027 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,230 shares
Net Sell
1 txn
Insider
Merrywell Christopher
Role
Senior Executive VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,230 | $28.45 | $92K |
Holdings After Transaction:
Common Stock — 41,027 shares (Direct)
FAQ
What insider transaction did COLB executive Christopher Merrywell report?
Christopher Merrywell reported a tax-withholding disposition of 3,230 COLB common shares. The shares were withheld at $28.45 per share to cover tax liabilities, and the transaction was coded as a tax-withholding event rather than an open-market sale.
What does transaction code F mean in the COLB Form 4 filing?
Transaction code F indicates a tax-withholding disposition of shares. In this COLB filing, it shows that 3,230 common shares were delivered at $28.45 per share to cover exercise price or tax liabilities linked to equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.