SCHULTZ JOHN F 4

What Happened

• John F. Schultz, a director of Columbia Banking System, Inc. (COLB), was granted/received 3,949 shares on 2026-05-14. The filing reports an acquisition at $0.00 per share (total cash value recorded as $0). This is an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-14; Price: $0.00 per share; Shares acquired: 3,949.
• Filing date: 2026-05-18. The report was filed on the SEC Form 4 within the required two business days (timely).
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnote: Beneficial ownership was adjusted to correct a prior reporting error — a disposition of 3,000 shares reported on August 29, 2024 was not reflected in subsequent ownership totals.

Context

• Awards/grants recorded at $0.00 typically reflect stock awards or similar compensation; they are administrative/compensation events and do not necessarily signal the insider’s market view.
• This transaction involves a company director (not a 10% owner). The footnote correction changes the reported ownership history but does not alter the basic nature of this award.