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|4Jan 29, 4:55 PM ET

Huston Michael G. 4

Research Summary

AI-generated summary

Updated

Northrim Bancorp (NRIM) CEO Michael G. Huston Buys 1,500 Shares

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.