Tax-withholding share disposition reported by Columbia Banking System (COLB) EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Banking System executive Drew K. Anderson reported a tax-related share disposition under a Form 4. On the transaction date, 1,808 shares of common stock were delivered at $28.45 per share to satisfy a tax obligation, leaving 20,678 common shares held directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Drew K
Role
EVP Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,808 | $28.45 | $51K |
Holdings After Transaction:
Common Stock — 20,678 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Drew K. Anderson report for COLB?
Drew K. Anderson reported a tax-withholding disposition of 1,808 shares of Columbia Banking System common stock. The shares were delivered to cover obligations rather than sold on the open market, as indicated by transaction code F and its tax-liability description.
Does the COLB Form 4 indicate an open-market sale by Drew K. Anderson?
The Form 4 indicates a tax-withholding disposition, not an open-market sale. Transaction code F and its description show the 1,808 shares were delivered to satisfy a tax liability rather than being sold through a market transaction.
What is Drew K. Anderson’s role at Columbia Banking System in this Form 4?
In this Form 4, Drew K. Anderson is identified as an officer of Columbia Banking System, serving as EVP Chief Admin Officer. The reported tax-withholding disposition relates to his holdings of the company’s common stock.