Columbia Banking (COLB) EVP awarded 2,800 RSUs vesting over 3 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moore Devine David reported acquisition or exercise transactions in this Form 4 filing.
Columbia Banking System EVP and Chief Marketing Officer David Moore Devine received a grant of 2,800 restricted stock units on 02/18/2026. The units were valued at $31.24 per unit on the grant date and represent equity-based compensation rather than an open-market purchase.
The grant will vest in three equal installments of 33.33% per year over three years, encouraging longer-term retention. Following this award, Moore Devine holds a total of 5,619 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moore Devine David
Role
EVP Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,800 | $31.24 | $87K |
Holdings After Transaction:
Restricted Stock Unit — 5,619 shares (Direct)
Footnotes (1)
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FAQ
What did COLB executive David Moore Devine report on this Form 4?
David Moore Devine reported receiving 2,800 restricted stock units as equity compensation. The grant was made on February 18, 2026 and is classified as an acquisition under a grant or award, not an open-market stock purchase or sale.
How many restricted stock units were granted to the COLB EVP?
The Columbia Banking System EVP and Chief Marketing Officer received 2,800 restricted stock units. These units were granted as part of his compensation package, with a reference price of $31.24 per unit disclosed in the filing for valuation and reporting purposes.
What is the vesting schedule for David Moore Devine’s COLB RSUs?
The restricted stock units granted to David Moore Devine vest in three equal installments. According to the disclosure, 33.33% of the award vests each year over three years, tying the ultimate share delivery to continued employment during that period.
Is this COLB Form 4 a stock purchase or a compensation award?
This Form 4 reflects a compensation award, not an open-market stock purchase. The filing classifies the 2,800 units as a grant or award acquisition of restricted stock units, which will vest over time instead of being immediately bought on the public market.
How many COLB restricted stock units does the EVP hold after this grant?
After this equity award, David Moore Devine holds a total of 5,619 restricted stock units directly. This total includes the newly granted 2,800 units, which will vest in three annual installments of 33.33% according to the disclosed vesting schedule.
What role does the reporting person hold at Columbia Banking System (COLB)?
The reporting person, David Moore Devine, serves as Executive Vice President and Chief Marketing Officer. The disclosed transaction records a grant of restricted stock units tied to this executive role, structured to vest over three years to support long-term alignment with the company.