Columbia Banking (NASDAQ: COLB) EVP Devine sells 3,872 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Banking System EVP Chief Marketing Officer David Moore Devine reported selling 3,872 shares of Common Stock in open-market transactions. The trades occurred on June 8, 2026 at prices around $29.77 per share. These were routine stock sales and he continues to hold a direct stake in the company after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,872 shares ($115,288)
Net Sell
2 txns
Insider
Moore Devine David
Role
EVP Chief Marketing Officer
Sold
3,872 shs ($115K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 60 | $29.77 | $2K |
| Sale | Common Stock | 3,812 | $29.775 | $114K |
Holdings After Transaction:
Common Stock — 22,448 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 3,872 shares
Sale price (main lot): $29.775 per share
Sale price (second lot): $29.77 per share
+1 more
4 metrics
Shares sold
3,872 shares
Total Common Stock sold on June 8, 2026
Sale price (main lot)
$29.775 per share
3,812-share open-market sale on June 8, 2026
Sale price (second lot)
$29.77 per share
60-share open-market sale on June 8, 2026
Net buy/sell direction
Net-sell of 3,872 shares
Transaction summary for June 8, 2026
Key Terms
open-market sale, Common Stock, Form 4, Executive Vice President
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for both transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Executive Vice President financial
"officer_title: "EVP Chief Marketing Officer""
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
What insider transaction did Columbia Banking System (COLB) report for David Moore Devine?
Columbia Banking System reported that EVP Chief Marketing Officer David Moore Devine sold 3,872 shares of Common Stock. The Form 4 shows two open-market sale transactions on June 8, 2026, reflecting a net decrease of 3,872 shares in his holdings.
What role does David Moore Devine hold at Columbia Banking System (COLB)?
David Moore Devine serves as Executive Vice President and Chief Marketing Officer at Columbia Banking System. His Form 4 filing reflects personal transactions in the company’s Common Stock, categorized as direct ownership in the filing’s ownership fields.
Were the Columbia Banking System (COLB) insider transactions open-market sales?
Yes. The Form 4 classifies both transactions as open-market sales of Common Stock. The transaction code is “S” and the description states “Sale in open market or private transaction,” with prices around $29.77 per share on June 8, 2026.
Does the Form 4 show any option exercises or derivative trades for COLB by David Moore Devine?
No derivative transactions are listed for David Moore Devine in this Form 4. The derivativeSummary section is empty, and all reported activity involves non-derivative Common Stock sales, with no option exercises or conversions disclosed in this filing.