OGNALL ANDREW H 4

What Happened

• Andrew H. Ognall, EVP & Chief Risk Officer of Columbia Banking System, disposed of 931 shares on 2026-02-15. The shares were reported as a payment to cover an exercise price or tax liability (transaction code F) at $31.49 per share, totaling about $29,317. This was a share surrender to satisfy withholding obligations rather than an open-market sale to take cash gains.

Key Details

• Transaction date: 2026-02-15; price: $31.49 per share; total value ~ $29,317.
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld/disposed).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing date: 2026-02-18 — filed within the typical SEC Form 4 reporting window (two business days) given the Feb 16 market holiday.
• No 10b5‑1 plan or other footnotes were indicated in the provided details.

Context

• Code F transactions commonly reflect shares surrendered to cover taxes following an option exercise or restricted stock vesting (a routine administrative step), and do not necessarily signal a change in the insider’s view of the company.
• For retail investors, purchases are usually more informative than routine withholding disposals; this transaction appears administrative rather than a directional bet on COLB stock.