COLB Director Steven R. Gardner Receives 2,577-Share Award

What Happened

• Steven R. Gardner, a director of Columbia Banking System, Inc. (COLB), was granted 2,577 shares reported as an award on 2026-09-04. The transaction is recorded as an acquisition with an acquisition price of $0.00, indicating the shares were issued as a grant/award rather than a purchase. The filing does not state a cash value for the award.

Key Details

• Transaction date: 2026-09-04 (Period of Report). Form 4 filed: 2026-09-08.
• Transaction type/code: Award/Grant (A); acquisition price reported $0.00.
• Shares involved: 2,577 shares granted.
• Shares owned after transaction: Not specified in the disclosed transaction details.
• Notable footnotes: None provided in the reported transaction; no 10b5-1 plan, tax-withholding, or sale notation indicated.
• Filing timeliness: Form 4 was filed four days after the transaction (filed Sep 8); the filing appears to be within the usual reporting window.

Context

• Grants to directors are commonly part of compensation programs (board retainer or equity awards) and reflect compensation policy rather than a direct personal purchase or sale. Such awards do not necessarily signal the director’s market view. For retail investors, awards are informative about company compensation practices but should not be over-interpreted as a buy/sell signal.