Columbia Banking (NASDAQ: COLB) HR chief receives 2,393 shares
Rhea-AI Filing Summary
COLUMBIA BANKING SYSTEM, INC. (COLB) reported insider equity activity by EVP and CHRO Judi Giem. On August 14, 2026, 2,393 Restricted Stock Units converted into an equal number of common shares at a reported value of $32.69 per share. Of these shares, 643 common shares were delivered or withheld for payment of exercise price or tax liability, and 13,108 Restricted Stock Units remained outstanding after the conversion. The filing’s Rule 10b5-1 trading-plan box was not checked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,750 shares
Net Buy
3 txns
Insider
Giem Judi
Role
EVP CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 2,393 | -- | -- |
| Exercise | Common Stock | 2,393 | $32.69 | $78K |
| Exercise Price or Tax Liability | Common Stock | 643 | $32.69 | $21K |
Holdings After Transaction:
Restricted Stock Unit — 13,108 shares (Direct);
Common Stock — 1,750 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Units convert into common stock on a one-for-one basis. On July 22, 2025, the reporting person was granted 7,179 Restricted Stock Units, which vest in three annual installments beginning on August 14, 2026.
Key Figures
RSUs converted: 2,393 shares
Common shares received: 2,393 shares
Shares delivered/withheld: 643 shares
+3 more
6 metrics
RSUs converted
2,393 shares
Restricted Stock Units converting into common stock on August 14, 2026
Common shares received
2,393 shares
Common stock acquired upon RSU conversion at $32.69 per share
Shares delivered/withheld
643 shares
Common shares delivered or withheld for payment of exercise price or tax liability
Per-share value
$32.69 per share
Price applied to common stock transactions on August 14, 2026
RSUs remaining
13,108 units
Restricted Stock Units held after the reported RSU conversion
Total RSU grant
7,179 units
Restricted Stock Units granted on July 22, 2025, vesting in three annual installments from August 14, 2026
Key Terms
Restricted Stock Unit, derivative security, exercise price or tax liability
3 terms
Restricted Stock Unit financial
"Restricted Stock Units convert into common stock on a one-for-one basis"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What insider transaction did COLB executive Judi Giem report on August 14, 2026?
Judi Giem reported the conversion of 2,393 Restricted Stock Units into common stock of COLUMBIA BANKING SYSTEM, INC. on August 14, 2026. These units converted on a one-for-one basis into an equal number of common shares.
How many Restricted Stock Units does Judi Giem hold after the reported COLB transactions?
After the August 14, 2026 RSU conversion, Judi Giem held 13,108 Restricted Stock Units. These remaining units are separate from the common shares received and reflect her continuing derivative equity position in COLB.
Was Judi Giem’s COLB Form 4 filed under a Rule 10b5-1 trading plan?
The Form 4 for COLUMBIA BANKING SYSTEM, INC. indicates the Rule 10b5-1 checkbox is not checked. This means the filing does not affirm that the reported transactions were executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
