Columbia Banking System (successor) consolidates S-8 registrations totaling 5.51M shares
Rhea-AI Filing Summary
Columbia Banking System, Inc. (identified here as successor by merger to Pacific Premier Bancorp, Inc.) has filed a post-effective submission covering multiple previously-filed S-8 registration statements that together register 5,505,420 shares issuable under several employee benefit and incentive plans. The filing lists the original S-8 registration statements and the number of shares registered under each plan, including 2,000,000 shares under the Amended and Restated 2022 Long-Term Incentive Plan and smaller registrations dating back to 1996. The document is signed by Kumi Yamamoto Baruffi, EVP, General Counsel and Corporate Secretary.
Positive
- Registers 5,505,420 shares across multiple employee compensation plans, preserving ability to issue equity awards
- Identifies succession by merger (Columbia Banking System, Inc. as successor to Pacific Premier Bancorp, Inc.), clarifying corporate standing for the registrations
- Signed by corporate officer (Kumi Yamamoto Baruffi, EVP, General Counsel and Corporate Secretary), indicating official execution
Negative
- None.
Insights
TL;DR: Routine post-effective filing that consolidates S-8 registrations for employee equity plans totaling 5.51 million shares.
The submission is administrative in nature and documents the registration of shares issuable under multiple employee compensation plans over time. Such filings permit future grants or issuances under existing plans and are standard for workforce equity programs. There are no financial results, new plan terms, or material corporate actions disclosed beyond the identification of prior S-8 filings and share amounts.
TL;DR: Filing confirms post-merger succession and continued registration of legacy equity awards; not material by itself.
The disclosure notes Columbia Banking System, Inc. as successor by merger to Pacific Premier Bancorp, Inc., and lists legacy S-8 filings with specific share counts. This preserves the registration status of equity awards for employees and plan participants. No amendments to plan provisions, executive changes, or governance actions are presented in the provided text.