STUDENMUND JAYNIE M 4

What Happened
Jaynie M. Studenmund, a director of Columbia Banking System, Inc. (COLB), received a grant/award of 3,949 shares on May 14, 2026. The reported acquisition price is $0.00, indicating the shares were issued as an award (no cash paid). Total reported cash consideration for this transaction is $0.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filed timely within required period).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 3,949 at $0.00 per share (total cash = $0).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes/conditions: none disclosed (no 10b5-1 plan, tax withholding, or immediate sale noted).

Context
Grants to directors are commonly part of compensation packages (equity awards) and do not necessarily signal a personal market purchase. Because this was an awarded issuance at $0.00, it reflects compensation rather than an open-market buy or sale. Retail investors should view this as routine director compensation unless further context (e.g., large purchases or subsequent sales) emerges.