Columbia Banking (NASDAQ: COLB) director granted 3,949 shares, shifts 32,566 to trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SEATON ELIZABETH WHITEHEAD reported acquisition or exercise transactions in this Form 4 filing.
COLUMBIA BANKING SYSTEM, INC. director Elizabeth Whitehead Seaton reported a routine equity grant and a change in how some shares are held. She received 3,949 shares of common stock as a grant, bringing her directly held shares to 3,949. A footnote explains that 32,566 shares previously reported as directly owned are now indirectly beneficially owned through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SEATON ELIZABETH WHITEHEAD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,949 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,949 shares (Direct, null);
Common Stock — 32,566 shares (Indirect, by trust)
Footnotes (1)
- [object Object]
Key Figures
Stock grant: 3,949 shares
Grant price: $0.0000 per share
Direct holdings after grant: 3,949 shares
+1 more
4 metrics
Stock grant
3,949 shares
Common Stock grant reported with code A
Grant price
$0.0000 per share
Price per share for 3,949-share grant
Direct holdings after grant
3,949 shares
Total shares following A-code transaction
Shares now held via trust
32,566 shares
Reclassified from direct to indirect beneficial ownership
Key Terms
Grant, award, or other acquisition, indirectly beneficially owned, by trust
3 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirectly beneficially owned financial
"are now indirectly beneficially owned by the reporting person via trust"
by trust financial
"nature_of_ownership": "by trust""
FAQ
What did Elizabeth Whitehead Seaton report in this COLB Form 4 filing?
She reported a grant of common stock and a change in ownership form. The filing shows a grant of 3,949 COLB shares and reclassifies 32,566 shares from direct ownership to indirect beneficial ownership through a trust.
Were there any open-market buys or sells of COLB stock in this Form 4?
The filing does not show any open-market purchases or sales. It reports one grant or award of 3,949 shares and one holding entry reflecting indirect ownership via trust, with no transactions coded as open-market buys (P) or sales (S).
What does transaction code "A" indicate in Seaton’s COLB Form 4?
Code “A” indicates a grant, award, or other acquisition of shares. In this case, Seaton acquired 3,949 COLB common shares at a price of $0.0000 per share, which is typical of stock awards granted as part of director compensation.