Lakely Brock 4
Research Summary
AI-generated summary
Columbia Banking (COLB) EVP Lakely Brock Receives Stock Award
What Happened
- Lakely Brock, EVP and Chief Accounting Officer of Columbia Banking System, received a grant of 5,601 restricted stock units (RSUs) on 2026-02-18. The grant is reported at $31.24 per share for a total reported value of $174,975 (derivative award).
- This was an award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-18; filing date: 2026-02-20 (timely filed).
- Award details: 5,601 RSUs at $31.24/share; total reported value $174,975.
- Vesting: 33.33% per year over three years (granted 02/18/2026) — see footnote.
- Shares owned after transaction: not reported in this Form 4.
- Transaction code: A = grant/award (derivative security). No 10b5-1 plan, tax-withholding, or late-filing notes in this filing.
Context
- RSU grants are compensation and vest over time; they do not represent an immediate cash purchase or sale and typically reflect long-term incentive pay rather than a direct sentiment signal.
- Because these RSUs vest over three years, Brock will only receive vested shares as the schedule permits; they are not immediately transferable until vested.