Stock awards vest for Columbia Banking (COLB) CEO Clint Stein
Rhea-AI Filing Summary
Columbia Banking, Inc. Chair, President and CEO Clint Stein reported multiple stock transactions dated February 2, 2026 related to performance-based equity awards. He received 28,927 shares of common stock from performance restricted stock units granted on February 21, 2023 and 21,988 shares from units granted on March 15, 2023, both vesting based on the company’s relative return on tangible common equity for fiscal years 2023–2025 versus a Compensation Committee–approved peer group.
To cover tax withholding obligations tied to these vestings, 11,383 shares and 8,653 shares of common stock were withheld. After these transactions, Stein directly beneficially owned 154,275 shares of Columbia Banking common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,927 | $29.69 | $859K |
| Exercise Price or Tax Liability | Common Stock | 11,383 | $29.69 | $338K |
| Grant/Award | Common Stock | 21,988 | $29.69 | $653K |
| Exercise Price or Tax Liability | Common Stock | 8,653 | $29.69 | $257K |
Footnotes (3)
- F1. Shares granted pursuant to the terms of the performance restricted stock units granted on February 21, 2023, which vested on February 2, 2026 based on to the issuer's relative return on tangible common equity for fiscal years 2023-2025 compared to a Compensation Committee approved group of peers.
- F2. Represents withholding of shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the shares granted pursuant to the terms of the performance restricted stock units vesting.
- F3. Shares granted pursuant to the terms of the performance restricted stock units granted on March 15, 2023, which vested on February 2, 2026 based on to the issuer's relative return on tangible common equity for fiscal years 2023-2025 compared to a Compensation Committee approved group of peers.
FAQ
What insider transactions did COLB CEO Clint Stein report on February 2, 2026?
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What types of equity awards did COLB grant to CEO Clint Stein in 2023?
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