Merrywell Christopher 4

What Happened
Christopher Merrywell, Senior Executive Vice President of Columbia Banking System, disposed of 1,706 shares on February 15, 2026 at $31.49 per share, for total proceeds of $53,722. The filing lists the transaction code "F," indicating the shares were surrendered to satisfy an exercise price or tax liability (a withholding/tax-payment disposition), not an open‑market sale for investment purposes.

Key Details

• Transaction date and price: Feb 15, 2026 — 1,706 shares @ $31.49 each.
• Total value: approximately $53,722 (proceeds from the disposition).
• Transaction code: F — payment of exercise price or tax liability (share withholding/ surrender).
• Shares owned after transaction: not specified in the provided filing data.
• Filing timeliness: not indicated in the supplied information (no late-filing flag provided).

Context
Code F transactions usually reflect shares withheld or surrendered to cover taxes or the exercise cost of options (a common administrative step after option exercises). These routine tax-withholding dispositions are generally not considered a directional signal about the insider’s view of the company; purchases tend to carry more informational weight for investors.