Nixon Torran B 4

What Happened

• Nixon Torran B, Senior Executive Vice President of Columbia Banking System, had 1,905 shares disposed (withheld) to cover a tax obligation, at $31.49 per share, totaling about $59,988. The filing shows a disposition under transaction code F (payment of exercise price or tax liability) on 2026-02-15. This is a withholding to cover taxes, not an open-market sale.

Key Details

• Transaction date: 2026-02-15
• Price per share: $31.49; Shares withheld/disposed: 1,905; Total value: ~$59,988
• Transaction code: F — payment of exercise price or tax liability (share withholding)
• Filing date: 2026-02-18 (filed within the SEC’s two-business-day requirement)
• Shares owned after transaction: not specified in this filing
• Notes: This represents tax withholding tied to an equity award/option event rather than an executed sale on the open market

Context

• Code F withholdings are common when restricted stock vests or options are exercised; the company retains/surrenders shares to satisfy withholding taxes. Such transactions are typically routine and do not necessarily indicate the insider’s view on the stock. Purchases would be a stronger signal of insider confidence.