O'Reilly Monica Bernadette 4

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.