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Glacier Bancorp (GBCI) CEO receives 47,898-share grant and withholds stock for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GLACIER BANCORP, INC. President and CEO Randall M. Chesler reported equity compensation and related share movements in company common stock. He received a grant or award of 47,898 shares of common stock on February 13, 2026, recorded at a price of $0.0000 per share, increasing his directly held stake to 174,553 shares immediately after that award.

A portion of the stock was then used to cover tax obligations. On the same date, 12,516 shares of common stock were disposed of in a tax-withholding transaction, leaving 162,037 directly held shares after that disposition. A footnote states that this is a restricted stock award granted on February 13, 2026, which vests in equal installments over three years and becomes fully vested on February 13, 2029.

The filing also shows updated holdings without additional share amounts listed. Direct common stock holdings are reported at 126,655 shares, and indirect holdings through a 401(k) account are 7,590 shares, both as of the reporting date.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chesler Randall M

(Last) (First) (Middle)
49 COMMONS LOOP

(Street)
KALISPELL MT 59901

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GLACIER BANCORP, INC. [ GBCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
PRESIDENT/CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 126,655 D
Common Stock 02/13/2026 A 47,898(1) A $0 174,553 D
Common Stock 02/13/2026 F 12,516 D $0 162,037 D
Common Stock 7,590 I 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Restricted stock award granted on February 13, 2026, that vests equally over a three year period becoming fully vested on February 13, 2029.
Remarks:
/s/Martha Tannehill on behalf of Randall M. Chesler 02/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did GBCI CEO Randall Chesler report on February 13, 2026?

Randall Chesler reported a grant or award of 47,898 shares of Glacier Bancorp common stock and a related tax-withholding disposition of 12,516 shares, both dated February 13, 2026. These transactions reflect equity compensation and shares withheld to satisfy tax obligations.

Was the GBCI CEO’s Form 4 transaction an open-market purchase or sale?

The Form 4 does not show an open-market purchase or sale. It reports a grant or award acquisition of 47,898 shares and a tax-withholding disposition of 12,516 shares of common stock, both coded as compensation-related transactions rather than market trades.

How do the February 13, 2026 transactions affect Randall Chesler’s GBCI share holdings?

Following the grant of 47,898 shares, Chesler’s direct common stock holdings rose to 174,553 shares, then decreased to 162,037 shares after 12,516 shares were used for tax withholding. The filing later reports 126,655 direct shares and 7,590 indirect shares in a 401(k) account.

What is the vesting schedule for the GBCI restricted stock granted to Randall Chesler?

The restricted stock award granted on February 13, 2026 vests in three equal annual installments. According to the footnote, the award will become fully vested on February 13, 2029, meaning the restrictions lapse over a three-year period from the grant date.

How many GBCI shares does Randall Chesler hold indirectly through retirement plans?

The Form 4 reports that Randall Chesler has 7,590 shares of Glacier Bancorp common stock held indirectly through a 401(k) account. This is in addition to his directly held common stock, which is reported separately in the filing as of the same date.
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