Kohler Kayleen R 4

What Happened
Kayleen R. Kohler, Executive Vice President at Banner Bank (Banner Corp / BANR), relinquished 175 shares on April 2, 2026 to satisfy tax withholding obligations related to the vesting of 596 restricted shares. The 175 shares were valued at $60.86 each, for a total of $10,651.

Key Details

• Transaction date: 2026-04-02; Form 4 filed 2026-04-03 (appears timely).
• Price: $60.86 per share (market price on Apr 2, 2026).
• Shares relinquished/Disposed: 175 shares; total value reported $10,651.
• Reason: Shares relinquished to cover tax obligations on the vesting of 596 restricted shares under the 2018 Omnibus Incentive Plan (footnote).
• Shares owned after transaction: not disclosed in the provided filing.
• Transaction code: F (tax withholding), meaning this was to cover taxes—not an open-market sale.

Context
This was a tax-withholding event tied to restricted stock vesting (a routine administrative transaction), not an active sale or purchase that signals a trade decision. Such withholding is common when equity awards vest and does not necessarily reflect the insider's view of the company's prospects.