Rice Jill M 4

What Happened
Jill M. Rice, Executive Vice President of Banner Bank (a Banner Corp subsidiary), relinquished 229 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 (market price on 2026-04-02), for a total value of approximately $13,937. This was a tax-withholding/relief transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-04-02; filing date (Form 4): 2026-04-03. No late filing indicated.
• Shares relinquished: 229 at $60.86 per share; total ≈ $13,937. (F2 = market price on 4/2/2026)
• Reason: Shares were surrendered to cover tax obligations on the vesting of 581 restricted shares under the 2018 Omnibus Incentive Plan; 352 net shares were retained after withholding (581 vested − 229 withheld). (F1)
• Shares owned after transaction: not disclosed in the provided filing.

Context
This was a routine tax-withholding event following the vesting of restricted stock — a common administrative transaction where a portion of vested shares is surrendered to cover taxes. Such transactions are not necessarily indicative of the insider’s view on the company’s shares, unlike open-market purchases or voluntary sales.