Moore Devine David 4

What Happened
Moore Devine David, EVP and Chief Marketing Officer of Columbia Banking System, had 485 shares disposed/withheld to satisfy a tax obligation (transaction code F). The shares were valued at $31.49 each, for a total of approximately $15,273. This is a tax-withholding event tied to an equity settlement (not an open-market sale or a purchase).

Key Details

• Transaction date: 2026-02-15; Filing date: 2026-02-18. The Form 4 does not indicate a late filing.
• Shares involved: 485 shares withheld/disposed.
• Price per share: $31.49; total value: ~$15,273.
• Shares owned after the transaction: not specified in the filing.
• Footnote/transaction code: Code F = payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).

Context
Code F typically means shares were retained by the company to cover taxes from an equity award or option settlement (a net share settlement or tax withholding), not an intentional market sale. Such withholdings are routine administrative actions and generally do not signal insider buying or selling intent.