Varnado Anddria 4

What Happened
Anddria Varnado, a director of Columbia Banking System, Inc. (COLB), was issued an award of 3,949 shares on May 14, 2026. The shares were reported at $0.00 per share (total reported value $0), classified as an award/grant (transaction code A). This is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-14. Form 4 filed: 2026-05-18 (filed within the usual 2-business-day reporting window).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 3,949 shares at $0.00 each; total reported value $0.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes/other: No 10b5-1 plan, tax withholding sale, or other special conditions shown in the provided data.

Context
Stock awards to directors are commonly part of routine compensation (e.g., restricted stock or RSUs) and do not require an outlay of cash. Such grants are informative about pay mix but are not the same signal as an insider purchasing shares on the open market. The filing appears timely and contains no additional indicators (like cashless exercise or immediate sale) in the provided details.