Walsh Paul J. 4
4 · BANNER CORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
BANNER CORP (BANR) Director Paul J. Walsh Receives Award
What Happened
Paul J. Walsh, a director of BANNER CORP (BANR), was granted 1,007 restricted stock units (RSUs) on 2026-06-01. The award is reported at a per-share closing price of $62.89, giving an indicated value of approximately $63,330. This filing reports an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing).
- Grant details: 1,007 RSUs at $62.89 per share; total indicated value ≈ $63,330.
- Vesting: RSUs vest in full on May 19, 2027 (Footnote F1). Each RSU equals one share upon vesting.
- Plan: Award made pursuant to the 2023 Omnibus Incentive Plan (Footnote F1).
- Shares owned after transaction: not disclosed in the provided filing.
- Transaction code: A = Award/Grant; this is a compensation award rather than a market buy/sell.
Context
RSUs are a form of equity compensation that convert to actual shares only upon vesting; they do not represent immediate open-market purchases or sales. Such awards are common as part of director and executive compensation and should be viewed as routine compensation disclosure rather than a direct bullish or bearish market signal.
Insider Transaction Report
- Award
Common Stock, $0.01 par value per share
[F1][F2]2026-06-01$62.89/sh+1,007$63,330→ 5,773 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.