Glacier Bancorp (GBCI) CEO Randall M. Chesler Receives Award

What Happened Randall M. Chesler, President, CEO and Director of Glacier Bancorp (GBCI), was granted 47,898 restricted shares on 2026-02-13 (transaction code A) at $0.00 per share (total reported value $0). Simultaneously, 12,516 shares were surrendered/withheld to satisfy a tax liability (transaction code F) at $0.00 per share (total $0), leaving a net of 35,382 restricted shares retained from this grant. The award vests equally over three years and will be fully vested on February 13, 2029 (see footnote F1).

Key Details

• Transaction date: February 13, 2026
• Grant: 47,898 restricted shares @ $0.00 (code A)
• Tax withholding / surrender: 12,516 shares @ $0.00 (code F)
• Net shares retained from this grant: 35,382
• Vesting: Award vests equally over 3 years; fully vested on 2029-02-13 (footnote F1)
• Shares owned following transaction: not specified in the provided filing details
• Filing date: February 18, 2026 — within the SEC two-business-day Form 4 filing window for the Feb 13 transaction

Context This was a compensation-related restricted stock award, not an open-market buy or sale. Withholding shares to cover tax obligations on a grant is a common administrative step and does not necessarily indicate any change in the insider’s market view. Awards provide insight into executive compensation but are generally less directly interpretable than open-market purchases or sales.