Anderson Drew K 4

What Happened
Drew K. Anderson, EVP & Chief Administrative Officer of Columbia Banking System, Inc. (COLB), was granted 8,002 restricted stock units (RSUs) on 2026-02-18. The grant is reported at $31.24 per share for a total grant value of $249,982. This was an award/compensation grant (derivative transaction), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20). Filing appears timely (filed two days after the transaction).
• Grant: 8,002 RSUs; reported price/value: $31.24 per unit; total reported value: $249,982.
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs vest 33.33% per year over three years (grant vests one-third annually).
• Transaction type: A = Award/Grant (derivative), not a purchase (P) or sale (S).

Context
RSUs are compensation that convert to actual shares only as they vest; they indicate company compensation decisions rather than an immediate bullish or bearish personal trade. Taxes or share withholding may occur at vesting; this grant will vest over three years per the footnote.