Columbia (NASDAQ: COLB) EVP logs 1,808-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Banking System reported an insider equity transaction involving EVP Chief Credit Officer Frank Namdar. On March 1, 2026, Namdar had 1,808 shares of common stock disposed of at $28.45 per share as a tax-withholding disposition, rather than an open-market sale. After this transaction, he directly owned 30,470 common shares. The filing also notes an additional 4,146 shares held indirectly through a 401(k) plan, reflecting retirement-related ownership separate from his direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Namdar Frank
Role
EVP Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,808 | $28.45 | $51K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,470 shares (Direct);
Common Stock — 4,146 shares (Indirect, by 401(k))
Footnotes (1)
FAQ
What insider transaction did COLB report for Frank Namdar on this Form 4?
The filing shows EVP Chief Credit Officer Frank Namdar had 1,808 COLB common shares disposed of at $28.45 per share to cover tax obligations. This was a tax-withholding disposition, not an open-market purchase or sale of stock.
What is Frank Namdar’s role at Columbia Banking System (COLB)?
Frank Namdar serves as EVP Chief Credit Officer of Columbia Banking System. This senior executive position oversees credit risk and lending quality. His Form 4 filing details how his COLB equity awards generated a tax-withholding share disposition on March 1, 2026.
What does transaction code “F” mean in the COLB Form 4 for Frank Namdar?
Transaction code “F” indicates a payment of tax liability by delivering securities. In this COLB filing, 1,808 shares of common stock were disposed of at $28.45 per share to cover taxes arising from equity compensation, rather than being sold voluntarily on the market.