Glacier Bancorp (GBCI) executive gets 4,501-share stock award, with tax shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLACIER BANCORP, INC. Chief Experience Officer Lee Kenneth Groom reported equity compensation activity in common stock. He received a grant of 4,501 shares of restricted stock on February 13, 2026, at no cash price, which will vest in equal installments over three years and become fully vested on February 13, 2029.
On the same date, 738 shares were disposed of to cover tax obligations through the delivery of shares, rather than an open-market sale. After these transactions and related adjustments, Groom directly holds 14,343 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Groom Lee Kenneth
Role
Chief Experience Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,501 | $0.00 | -- |
| Tax Withholding | Common Stock | 738 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,844 shares (Direct)
Footnotes (1)
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FAQ
What did Glacier Bancorp (GBCI) executive Lee Kenneth Groom report on this Form 4?
Lee Kenneth Groom reported a grant of 4,501 shares of restricted common stock and a related tax-withholding share disposition. These transactions reflect equity compensation and associated tax payments rather than open-market buying or selling activity.
Does this Glacier Bancorp (GBCI) Form 4 indicate open-market buying or selling by the executive?
The filing shows a grant of restricted stock and a tax-withholding share disposition, not open-market trades. The acquisition is equity compensation, while the disposal covers tax obligations using shares rather than cash.