Pedersen John Clarence 4
4 · BANNER CORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Banner Corp (BANR) Director John Pedersen Receives 1,240-Share Award
What Happened
John Clarence Pedersen, a director of Banner Corp (BANR), was granted 1,240 restricted stock units (RSUs) on 2026-06-01. The grant is recorded at $62.89 per share, with a total grant value of $77,984. This was an award (code A) under the company’s 2023 Omnibus Incentive Plan and is not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-02 (timely filing).
- Grant amount and price: 1,240 RSUs @ $62.89 each = $77,984. (F2 notes $62.89 was the closing price that day.)
- Vesting: RSUs vest fully on May 19, 2027 (per footnote F1). Each RSU converts to one share upon vesting.
- Plan: Award made under the 2023 Omnibus Incentive Plan (footnote F1).
- Shares owned after transaction: not disclosed in this filing.
- Transaction type: Award/grant of RSUs (not an immediate purchase or sale).
Context
RSUs are a form of deferred equity compensation: Pedersen does not receive shares until the RSUs vest on the specified date. Because this is an award, it represents compensation rather than a market buy or sell and should not be interpreted as an immediate buy signal or sale pressure.
Insider Transaction Report
Form 4
BANNER CORPBANR
Pedersen John Clarence
Director
Transactions
- Award
Common Stock, $0.01 par value per share
[F1][F2]2026-06-01$62.89/sh+1,240$77,984→ 9,073 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.
Signature
/s/ Richard C. Arnold, attorney-in-fact for Mr. Pedersen|2026-06-02