Huston Michael G. 4

What Happened
Michael G. Huston, President, CEO and COO of Northrim Bancorp (NRIM), acquired 1,500 shares in an open-market/private purchase (transaction code P) on January 29, 2026. The shares were bought at $22.80 per share for a total reported value of $34,200. This was a purchase — insider buys are often viewed as a more bullish signal than sales, though motivations vary.

Key Details

• Transaction date: 2026-01-29
• Transaction type/code: Open-market or private purchase (P)
• Shares acquired: 1,500 at $22.80 per share
• Total reported value: $34,200
• Shares owned after transaction: Not reported in the provided filing
• Filing timeliness: Report filed 2026-01-29 (appears timely based on provided dates)
• Notable footnotes: None reported in the provided data

Context
Insider purchases can indicate confidence in the company but do not guarantee future performance. This is a relatively modest-sized buy ($34.2k) by an executive; retail investors should consider this alongside other insider activity, company fundamentals, and market conditions.