Krug Jennifer Jane 4
4 · BANNER CORP · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Banner Corp (BANR) EVP Jennifer Krug Relinquishes 100 Shares for Taxes
What Happened Jennifer Jane Krug, Executive Vice President of Banner Bank (Banner Corp / BANR), relinquished 100 shares on April 2, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $60.86 each, for a total value of approximately $6,086. This was a tax-withholding disposition (routine), not an open-market sale intended as an investment signal.
Key Details
- Transaction date and price: 2026-04-02; 100 shares at $60.86 (market price on Apr 2, 2026).
- Total value surrendered: ~$6,086.
- Reason: Shares were relinquished to cover tax obligations on the vesting of 410 restricted shares under the 2018 Omnibus Incentive Plan (footnote F1).
- Filing: Report filed 2026-04-03 for a 2026-04-02 transaction (timely).
- Shares owned after transaction: not specified in the provided filing summary.
Context This was a tax-withholding action tied to restricted stock vesting (company likely withheld/surrendered a portion of vested shares to cover taxes). Such transactions are routine and do not necessarily indicate the insider’s view of the company’s prospects.
Insider Transaction Report
- Tax Payment
Common Stock, $0.01 par value per share
[F1][F2]2026-04-02$60.86/sh−100$6,086→ 10,551 total
Footnotes (2)
- [F1]Shares relinquished to cover tax obligations on vesting of 410 shares of restricted stock pursuant to 2018 Omnibus Incentive Plan.
- [F2]Market price on April 2, 2026.