Costa James M 4

What Happened
James M. Costa, Executive Vice President of Banner Bank (a Banner Corp subsidiary), relinquished 252 shares of BANR on April 2, 2026. The shares were disposed at a market price of $60.86 each, for a total value of about $15,337. This was a tax-withholding disposition related to the vesting of restricted stock.

Key Details

• Transaction date and price: April 2, 2026 — 252 shares at $60.86 (market price per filing).
• Transaction type/code: Tax withholding/payment of tax liability (F) — shares surrendered to cover taxes on vesting.
• Reason: Shares relinquished to cover tax obligations on the vesting of 1,008 restricted shares under the 2018 Omnibus Incentive Plan (footnote).
• Shares owned after transaction: Not specified in the filing.
• Filing: Form 4 filed April 3, 2026 reporting the April 2 transaction; no late-filing flag indicated.

Context
This was a routine tax-withholding sale tied to restricted stock vesting, not an open-market directional sale. Such withholding dispositions are common and do not by themselves indicate the insider’s view on the company’s stock.