Stock awards vest for Columbia Banking (COLB) CEO Clint Stein
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Stein Clint
Role
Chair, President, CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,927 | $29.69 | $859K |
| Tax Withholding | Common Stock | 11,383 | $29.69 | $338K |
| Grant/Award | Common Stock | 21,988 | $29.69 | $653K |
| Tax Withholding | Common Stock | 8,653 | $29.69 | $257K |
Holdings After Transaction:
Common Stock — 152,323 shares (Direct)
Footnotes (1)
- 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. 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. 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?
Clint Stein reported equity award vesting and tax-related share withholding on February 2, 2026. He received 28,927 and 21,988 COLB common shares from performance restricted stock units, while 11,383 and 8,653 shares were withheld to satisfy tax obligations tied to those vestings.
What performance conditions triggered COLB CEO Clint Stein’s stock vesting?
The vesting was tied to Columbia Banking’s relative return on tangible common equity for fiscal years 2023–2025. Performance was measured against a Compensation Committee–approved peer group, determining how many performance restricted stock units granted in 2023 converted into common shares for Clint Stein.
What types of equity awards did COLB grant to CEO Clint Stein in 2023?
Columbia Banking granted performance restricted stock units to Clint Stein on February 21, 2023 and March 15, 2023. These awards converted into 28,927 and 21,988 COLB common shares upon vesting on February 2, 2026, based on relative return on tangible common equity performance.