Welcome to our dedicated page for Banner SEC filings (Ticker: BANR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Banner Corporation filings document regulatory disclosures for a Washington bank holding company and its Banner Bank subsidiary. Recent Form 8-K reports furnish quarterly and annual operating results, Regulation FD investor presentations and declarations of regular cash dividends on common stock, linking bank performance to net interest income, credit costs, loans, deposits and capital return.
Proxy and governance filings cover board composition, committee assignments, director independence, executive and director compensation, shareholder voting matters and equity awards. Other material-event filings record changes to the company’s Code of Ethics and Business Conduct, including policies governing officers, directors, employees and subsidiaries.
Banner Corporation filed a Form S-4 prospectus/proxy to register shares to be issued in its merger with Pacific Financial Corporation under an Agreement and Plan of Merger dated April 30, 2026. Under the merger, each outstanding Pacific Financial share will convert into 0.2633 shares of Banner common stock, with cash in lieu of fractional shares.
Based on Pacific Financial outstanding shares of 10,024,440 and RSUs/options as of [•], 2026, Banner expects to issue approximately 2,654,773 shares in the merger. Using Banner’s closing price of $66.25 on April 29, 2026, the implied per-share consideration is $17.44, with an aggregate implied transaction value of approximately $177 million. Post-merger ownership is expected to be roughly 93% Banner shareholders and 7% Pacific Financial shareholders. The merger is subject to shareholder approval, federal and state banking regulatory approvals, customary closing conditions, and a $6.3 million potential termination fee.
Banner Corp director Paul J. Walsh reported receiving 1,007 shares of common stock as a grant under the company’s 2023 Omnibus Incentive Plan. The award is in the form of restricted stock units that each convert into one share upon vesting and will fully vest on May 19, 2027. After this award, Walsh directly holds 5,773 shares of Banner Corp common stock.
Tracey Millicent C. reported acquisition or exercise transactions in this Form 4 filing.
Banner Corp director Tracey Millicent C. reported an award of 1,007 shares of common stock as a grant under the company’s 2023 Omnibus Incentive Plan. The award is in the form of restricted stock that will fully vest on May 19, 2027 and is subject to forfeiture and transfer limits until vesting. After this compensation award, Tracey directly holds a total of 1,789 shares of Banner Corp common stock.
Steiner Judith A reported acquisition or exercise transactions in this Form 4 filing.
Banner Corp director Judith A. Steiner received a grant of 1,259 shares of common stock as a restricted stock award under the 2023 Omnibus Incentive Plan. The award vests fully on May 19, 2027, and is subject to forfeiture and transfer limits until vesting. After this grant, she holds 3,063 shares directly.
Riordan Kevin F reported acquisition or exercise transactions in this Form 4 filing.
Banner Corp director Kevin F. Riordan received an equity grant of 1,162 shares of common stock as a restricted stock unit award under the 2023 Omnibus Incentive Plan. The units vest fully on May 19, 2027, with each unit delivering one common share at vesting. The reference share price on the grant date was $62.89. Following this award, Riordan directly owns 12,089 shares of Banner Corp common stock, including 469 shares held through a SEP IRA and 10 shares held through an IRA rollover.
Banner Corp director John Clarence Pedersen reported an equity award of 1,240 shares of common stock. The filing shows this as a grant under the 2023 Omnibus Incentive Plan, not an open-market purchase.
The award consists of restricted stock units that each convert into one common share when they vest fully on May 19, 2027. After this grant, Pedersen holds a total of 9,073 common shares directly.
O'Reilly Monica Bernadette reported acquisition or exercise transactions in this Form 4 filing.
Banner Corp director Monica O'Reilly received an equity award of 1,259 shares of common stock, reported as a grant under a 2023 Omnibus Incentive Plan. The award is in the form of restricted stock units, each representing one share of common stock upon vesting.
The units vest fully on May 19, 2027, meaning O'Reilly must remain eligible through that date to receive the underlying shares. The filing notes the closing trading price of the common stock on the grant date was $62.89 per share. After this grant, she directly holds 1,259 shares, reflecting a routine compensation-related award rather than an open-market purchase.
Layman John R reported acquisition or exercise transactions in this Form 4 filing.
Banner Corp director John R. Layman received a stock-based compensation award in the form of 1,007 shares of common stock, valued at the closing price of $62.89 per share on the grant date. The award is restricted stock under the 2023 Omnibus Incentive Plan and will fully vest on May 19, 2027, meaning the shares are subject to forfeiture and transfer limits until vesting. After this grant, Layman directly owns 37,566 shares of Banner Corp common stock, including 11,359 shares held through a Deferred Compensation Plan.
HERENCIA ROBERTO R reported acquisition or exercise transactions in this Form 4 filing.
Banner Corp director Roberto R. Herencia received an equity award rather than buying shares on the market. He was granted 1,627 shares of common stock as restricted stock under the 2023 Omnibus Incentive Plan at a closing trading price of $62.89 per share on the grant date.
The restricted shares vest fully on May 19, 2027 and are subject to forfeiture and transfer limits until vesting. After this award, Herencia directly holds 19,174 shares of Banner Corp common stock.
Banner Corp director Margot Copeland received a stock award that increases her ownership stake. She acquired 1,007 shares of common stock as a grant under the 2023 Omnibus Incentive Plan at a reference price of $62.89 per share. Following this award, she directly holds 5,773 shares of Banner Corp common stock. The award is in the form of restricted stock units that vest fully on May 19, 2027, meaning the shares are delivered only if she remains eligible through that date.