COLB Director Simone Lagomarsino Receives 2,670-Share Award

What Happened
Simone Lagomarsino, a director of Columbia Banking System, Inc. (COLB), was awarded 2,670 shares on September 2, 2026. The Form 4 reports an acquisition (transaction code A) of 2,670 shares at an acquisition price of $0.00, indicating these shares were granted as compensation (e.g., restricted stock or RSUs) rather than purchased on the open market.

Key Details

• Transaction date: 2026-09-02; Form 4 filed 2026-09-04 (file appears timely).
• Transaction type/code: Award/Grant (A).
• Shares received: 2,670; acquisition price reported: $0.00 (no cash paid).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/notable items: No 10b5-1 plan, tax withholding, or other special conditions disclosed in the excerpt.

Context
Awards to directors are a common part of compensation programs and do not directly signal buying or selling sentiment in the market. Because the reported acquisition price is $0.00, this likely reflects a compensation grant that may be subject to vesting or other restrictions—check future filings for vesting or disposition. For retail investors, such awards are informative about executive/director compensation but are not the same as an insider buying stock with personal funds.