NRIM Bancorp Inc (NRIM) CFO Ballard reports January stock purchases

Rhea-AI Filing Summary

BANCORP INC executive vice president and chief financial officer Jed W. Ballard reported open-market purchases of company stock. On January 30, 2026, he bought 650 shares of common stock directly at $23.20 per share, bringing his directly held stake to 19,162 shares.

On the same date, 640 shares of common stock were purchased at $23.2799 per share and are reported as indirectly owned “By Adult Child”, with 640 shares shown as indirectly held following the transaction.

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

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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^*

Ballard Jed W

(Last) (First) (Middle)

3111 C STREET

(Street)

ANCHORAGE AK 99503

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NORTHRIM BANCORP INC [ NRIM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		P		650	A	$23.2	19,162	D
Common Stock	01/30/2026		P		640	A	$23.2799	640	I	By Adult Child

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:

Remarks:

	/s/ Jed W. Ballard	01/30/2026
	** 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 transaction did NRIM executive Jed W. Ballard report?

Jed W. Ballard, EVP and CFO of BANCORP INC, reported buying company common stock. On January 30, 2026 he acquired 650 shares directly and 640 shares indirectly via an adult child, both in open-market purchases at prices a little above $23 per share.

How many NRIM shares does Jed W. Ballard own after this Form 4?

After the reported transactions, Jed W. Ballard beneficially owns 19,162 NRIM common shares directly. The filing also shows 640 common shares reported as indirectly owned by an adult child, reflecting the separate nature of direct and indirect holdings in the disclosure.

At what prices did the NRIM insider stock purchases occur?

The NRIM insider purchases occurred near $23 per share. Jed W. Ballard bought 650 common shares at $23.20 each directly, and 640 common shares at $23.2799 each indirectly through an adult child, both on January 30, 2026 in open-market transactions.

What is the significance of "By Adult Child" in the NRIM Form 4 filing?

“By Adult Child” indicates the 640 NRIM common shares are held indirectly through an adult child. The Form 4 classifies these as indirect beneficial ownership, distinguishing them from Ballard’s 19,162 directly held shares, and clarifies how different holdings are reported for regulatory purposes.

What role does Jed W. Ballard hold at NRIM’s BANCORP INC?

Jed W. Ballard is identified as an officer of BANCORP INC, serving as executive vice president and chief financial officer. This senior leadership role makes his equity transactions subject to Form 4 reporting requirements under Section 16 of the Securities Exchange Act.