Columbia Banking (NASDAQ: COLB) EVP disposes shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Banking System EVP and Chief Accounting Officer Lakely Brock reported a tax-related share disposition. On this Form 4, Brock transferred 391 shares of common stock on March 1, 2026 at $28.45 per share to cover tax liabilities, a non-open-market transaction coded as a tax-withholding disposition. After this transaction, Brock directly owns 10,469 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lakely Brock
Role
EVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 391 | $28.45 | $11K |
Holdings After Transaction:
Common Stock — 10,469 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did COLB executive Lakely Brock report on this Form 4?
Lakely Brock reported a tax-withholding disposition of 391 Columbia Banking System common shares. The transaction used shares, valued at $28.45 each, to satisfy tax obligations rather than representing an open-market sale. This is a routine administrative event for equity compensation.
What does transaction code F mean in the COLB Form 4 filing?
Transaction code F in this Columbia Banking System Form 4 indicates payment of a tax liability by delivering securities. Here, 391 shares of common stock were withheld at $28.45 per share to cover taxes related to equity compensation for executive Lakely Brock.