Nixon Torran B 4
4 · COLUMBIA BANKING SYSTEM, INC. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Columbia Banking (COLB) SVP Nixon Torran Receives Award
What Happened
Nixon Torran B, Senior Executive Vice President of Columbia Banking System, received a grant of 16,645 restricted stock units (RSUs) on 2026-02-18. The grant is reported at $31.24 per share, a total reported value of $519,990. This is an award/acquisition (Form 4 code A) — not a market purchase or sale.
Key Details
- Transaction date: 2026-02-18; Filing date: 2026-02-20 (filed timely).
- Grant size: 16,645 RSUs; reported per-share value: $31.24; total value: $519,990.
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs granted 02/18/2026; vest 33.33% per year over three years.
- Transaction type: Derivative award (RSUs), code A on Form 4.
Context
RSUs are a deferred compensation award that convert into shares as they vest; they do not represent an immediate open-market purchase or sale. Vesting schedule means the recipient must remain employed to receive the shares over the next three years. This grant is a compensation/retention event rather than an expressed buy or sell signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1]2026-02-18$31.24/sh+16,645$519,990→ 54,065 total→ Common Stock (16,645 underlying)
Footnotes (1)
- [F1]Restricted stock units granted 02/18/2026. The grant will vest 33.33% per year over three years.