OGNALL ANDREW H 4

What Happened

• Andrew H. Ognall, EVP & Chief Risk Officer of Columbia Banking System, disposed of 1,304 shares on March 1, 2026. The shares were surrendered at $28.45 each to satisfy tax obligations related to equity compensation, resulting in proceeds of about $37,099. This transaction is coded F on the Form 4, indicating shares were used to pay the exercise price or tax liability—not a voluntary open-market sale.

Key Details

• Transaction date and price: 1,304 shares at $28.45 on 2026-03-01.
• Total value: approximately $37,099.
• Transaction code: F — payment of exercise price or tax withholding (shares withheld/surrendered to cover taxes).
• Filing date: Form 4 filed 2026-03-02 (one day after the transaction), which appears timely under Form 4 reporting rules.
• Shares owned after transaction: not specified in the information provided in this summary (refer to the full Form 4 for ending holdings).

Context

• This type of disposition is typically a tax-withholding/cashless settlement related to option exercises or restricted stock vesting and does not necessarily signal a change in the insider’s view of the company. It is common and often administrative in nature.