Lakely Brock 4

What Happened Lakely Brock, Executive Vice President and Chief Accounting Officer of Columbia Banking System (COLB), had 391 shares withheld to satisfy tax liability related to a prior equity award or option exercise. The withholding was reported as a disposition of 391 shares at $28.45 per share, totaling approximately $11,124. This is a tax-withholding event (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-01; Filing date: 2026-03-02 (appears timely).
• Price used for withholding: $28.45 per share.
• Shares withheld/disposed: 391; value ≈ $11,124.
• Transaction code: F — payment of exercise price or tax liability (shares withheld).
• Shares owned after transaction: not provided in the summary shown; see the full Form 4 for post-transaction holdings.
• No 10b5-1 plan, gift, or other special notation was indicated in the provided data.

Context Tax-withholding dispositions are routine when executives exercise options or when restricted shares vest and taxes are due; they do not represent an open-market sale decision and generally don't signal a change in insider sentiment. For complete ownership details or to verify whether shares were also sold or exercised that day, review the full Form 4 filing (Accession 0000887343-26-000096).