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Columbia Banking System's Senior Executive VP Christopher Merrywell reported routine equity compensation adjustments in connection with restricted stock units. On January 20, 2026, he forfeited 1,560 shares of common stock tied to performance restricted stock units granted on February 21, 2023 after the company’s total shareholder return target was not achieved at target levels. On the same date, 3,496 shares were withheld at $28.35 per share to cover tax obligations arising from the vesting of previously issued restricted stock units. Following these transactions, Merrywell directly owns 38,336 shares of Columbia Banking common stock.
Columbia Banking, Inc. Chair, President and CEO Clint Stein reported several equity award-related changes in his common stock holdings on January 20, 2026. He forfeited 3,588 shares tied to performance restricted stock units granted on February 21, 2023 because a total shareholder return target was not met at target, and separately forfeited 2,727 shares from performance restricted stock units granted on March 14, 2023 for the same reason. In addition, 7,615 shares and 5,635 shares of common stock were withheld at a price of $28.35 per share to satisfy his tax withholding obligations associated with the vesting of previously issued restricted stock units. Following these transactions, Stein directly owned 123,396 shares of Columbia Banking common stock.
Columbia Banking System, Inc. reported that it has released its fourth quarter and full year 2025 financial results through a press release. The company states that it will provide final financial statements and additional analysis for the year ended December 31, 2025 in its upcoming annual report on Form 10-K.
Columbia Banking System also prepared an investor slide presentation to accompany its earnings conference call on January 22, 2026. Both the press release and the investor presentation are furnished as exhibits to this report and are expressly described as not being treated as filed or incorporated by reference into other securities law filings unless specifically referenced.
Columbia Banking System, Inc. announced a leadership change in its finance organization. Effective as of the end of business on November 19, 2025, Lisa M. White ceased serving as Executive Vice President, Principal Accounting Officer and Corporate Controller of the company and its bank subsidiary.
Effective November 20, 2025, Brock Lakely was appointed Executive Vice President, Chief Accounting Officer and Corporate Controller, and his annual base salary was set at $360,000. Lakely, age 46, previously served as the company’s Chief Accounting Officer from May 2018 through April 2023 and most recently was Chief Audit Executive. The company states there are no special arrangements, family relationships, or related-party transactions connected to his appointment.
Columbia Banking System (COLB) announced a quarterly cash dividend of $0.37 per common share, representing a 3% increase from its most recent dividend. The dividend is payable December 15, 2025 to shareholders of record as of November 28, 2025.
The update, disclosed under an Other Events report, reflects the company’s ongoing cash returns to shareholders through regular dividends. A related press release was filed as Exhibit 99.1.
Columbia Banking System (COLB) director reported a Form 4 transaction involving deferred compensation. On 11/05/2025, the reporting person acquired 630 deferred compensation phantom stock units (Transaction Code: A) at a derivative price of $26.55 per unit. Following this accrual, the reporting person beneficially owns 47,117 derivative securities, held indirectly through the company’s deferred compensation plan. Per the plan, these units are payable after the individual’s employment ends.
Columbia Banking System, Inc. filed its quarterly report for the period ended September 30, 2025. The filing is a standard Form 10-Q that provides unaudited condensed consolidated financial statements, management’s discussion and analysis, market risk disclosures, and information on controls and procedures and other required items.
The company’s common stock trades on The Nasdaq Stock Market LLC under the symbol COLB. The report notes that there were 299,120,976 shares of common stock, no par value, outstanding as of October 31, 2025.
Columbia Banking System (COLB) appointed Ivan Seda as Chief Financial Officer of the company and Columbia Bank effective December 31, 2025. Beginning November 1, 2025, his compensation terms include an annual base salary of $550,000, a target annual incentive of 85% of base salary, and performance stock units valued at $750,000 that will cliff vest after three years based on performance conditions.
Ronald L. Farnsworth will transition from CFO to senior advisor from the effective date through June 1, 2026. Under a transition letter, he will receive salary at his current annual rate, continue health and welfare benefits eligibility, and vest outstanding equity per award terms, but will not receive a 2026 incentive or new equity. Upon his termination on June 1, 2026 (subject to conditions), he is entitled to severance per his participation agreement, a lump sum equal to the company’s monthly benefits contribution multiplied by 18, and a lump sum equal to 62,572 multiplied by the closing price of COLB common stock on the separation date.
Columbia Banking System (COLB) reported that it issued a press release announcing its third quarter 2025 financial results. The company also released an investor slide presentation to be discussed on its earnings conference call on October 30, 2025.
The press release is furnished as Exhibit 99.1 and the presentation as Exhibit 99.2; these materials are not deemed filed under the Exchange Act. Final financial statements for the quarter ended September 30, 2025 will be included in the upcoming Form 10‑Q.
Columbia Banking System insider acquisition tied to Pacific Premier merger The reporting person, a company director, received 245,875 shares of Columbia common stock directly and 338,221 shares indirectly through the Gardner Family Trust as part of Columbia's acquisition of Pacific Premier Bancorp. Under the merger terms each Pacific Premier share was converted into 0.9150 Columbia shares, with fractional shares paid in cash. The filing discloses the share conversion and the closing prices on August 29: Columbia at $26.77 and Pacific Premier at $24.49.