BOYER ELLEN RM 4
4 · BANNER CORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Banner Corp (BANR) Director Ellen Boyer Receives Restricted Stock Award
What Happened
Ellen Boyer, a director of Banner Corp (BANR), was granted 1,123 restricted shares on 2026-06-01 at a reported closing price of $62.89 per share, a grant value of approximately $70,625. This was an award of restricted stock (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-01; 1,123 shares at $62.89 (closing price on grant date).
- Total value: ~ $70,625 (1,123 × $62.89).
- Shares owned after transaction: Not specified in the filing.
- Grant terms: Awarded under the 2023 Omnibus Incentive Plan; shares vest in full on May 19, 2027 and are subject to forfeiture and transfer restrictions until vesting (footnote).
- Filing timeliness: Reported on 2026-06-02 for the 2026-06-01 grant (filed timely).
Context
Restricted stock awards are a common form of director compensation and vest over time; they do not represent an immediate cash purchase or sale and are subject to forfeiture until vested. This grant signals compensation alignment with shareholders but should not be interpreted as a short-term market sentiment signal.
Insider Transaction Report
Form 4
BANNER CORPBANR
BOYER ELLEN RM
Director
Transactions
- Award
Common Stock, $0.01 par value per share
[F1][F2]2026-06-01$62.89/sh+1,123$70,625→ 7,389 total
Footnotes (2)
- [F1]Represents award of restricted stock pursuant to 2023 Omnibus Incentive Plan; shares vest fully on May 19, 2027. These shares are subject to forfeiture and to limits on transferability until they vest.
- [F2]The closing trading price of the common stock on the date of the grant was $62.89.
Signature
/s/ Richard C. Arnold, attorney-in-fact for Ms. Boyer|2026-06-02