Stein Clint 4
Research Summary
AI-generated summary
Columbia Banking CEO Clint Stein Receives 18,171 Shares via RSU Vesting
What Happened
- Clint Stein (Chair, CEO, President, Director) had 18,171 restricted stock units convert into common stock on March 13, 2026 at a reported price of $26.23 per share (total value ≈ $476,625). To cover tax withholding, 7,151 of those shares were surrendered (valued at ≈ $187,571). Net shares added to his holdings: 11,020 (≈ $289,055).
Key Details
- Transaction date: 2026-03-13. Report filed: 2026-03-17 (timely; within two business days).
- Reported per-share price used for valuation/withholding: $26.23.
- Codes: M = conversion/exercise of derivative (RSU conversion); F = payment of exercise price or tax withholding (shares surrendered for taxes).
- Footnote: These shares are from a 54,511-RSU grant made Feb 25, 2025 that vests in three annual installments beginning March 13, 2026 (18,171 shares per installment).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- This was a vesting/settlement of RSUs, not an open-market purchase or sell—withholding of shares for taxes is routine and does not necessarily indicate a change in sentiment. The filing shows conversion of RSUs into common stock and the customary share-withholding to satisfy tax obligations.