O'Reilly Monica Bernadette 4
4 · BANNER CORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Banner Corp (BANR) Director Monica O'Reilly Receives Award
What Happened
Monica Bernadette O'Reilly, a director of Banner Corp (BANR), received an award of 1,259 restricted stock units (RSUs) on 2026-06-01. The award was recorded at a per-share closing price of $62.89, a total grant value of $79,179. This was a grant/award (code A) under the company's equity plan, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-02 (timely filing).
- Award details: 1,259 RSUs at $62.89 per share; total value $79,179 (price = closing market price on grant date).
- Vesting: RSUs vest in full on May 19, 2027 (per footnote). Each RSU converts to one share upon vesting.
- Shares owned after transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding, or sale indicated in the disclosed footnotes.
Context
RSU grants to directors are a common form of compensation and do not imply an immediate purchase or sale—shares are received only upon vesting. For retail investors, awards are informational about executive/director compensation and alignment with shareholders but are not direct bullish or bearish trades until shares vest and/or are sold.
Insider Transaction Report
- Award
Common Stock, $0.01 par value per share
[F1][F2]2026-06-01$62.89/sh+1,259$79,179→ 1,259 total
Footnotes (2)
- [F1]Represents award pursuant to 2023 Omnibus Incentive Plan; shares vest fully on May 19, 2027. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]The closing trading price of the common stock on the date of the grant was $62.89.