Moore Devine David 4

What Happened David Moore Devine, EVP & Chief Marketing Officer of Columbia Banking System, received 2,095 shares on Feb 2, 2026 as the vesting of performance restricted stock units (PRSUs). The award was recorded at $29.69 per share (total value about $62,201). To satisfy tax withholding obligations, 965 of the vested shares were withheld (disposed) at the same price for a value of about $28,651, leaving a net 1,130 shares retained by the insider.

Key Details

• Transaction date: Feb 2, 2026; Filing date: Feb 4, 2026 (filed timely).
• Award: 2,095 shares @ $29.69 each (total ~$62,201) — transaction code A (award/acquisition).
• Tax withholding: 965 shares withheld @ $29.69 each (value ~$28,651) — transaction code F (tax withholding/disposition).
• Net shares retained from the vesting: 1,130 shares (2,095 awarded − 965 withheld).
• Footnotes: Vesting was per PRSUs granted Feb 21, 2023 and vested based on Columbia’s relative return on tangible common equity for FY 2023–2025 vs. an approved peer group; the withheld shares satisfy tax withholding on the vested award.
• Shares owned after the transaction were not disclosed in the provided filing.

Context This was a routine equity award vesting (performance-based RSUs), not an open‑market purchase or sale. The withholding of shares to cover taxes is common and should not be interpreted as a separate bearish sale.