Northrim Bancorp (NRIM) EVP/CFO Jed Ballard Sells 3,492 Shares

What Happened

• Jed W. Ballard, EVP and CFO of Northrim Bancorp (NRIM), reported two sales on Aug 28, 2026 totaling 3,492 shares. The filing shows 3,392 shares sold at $25.91 each ($87,887) and 100 shares sold at $25.93 each ($2,593), for a combined sale value of $90,480. These are reported as disposition transactions (Code S), reported as open-market or private sales.

Key Details

• Transaction dates/prices: 2026-08-28 — 3,392 @ $25.91; 2026-08-28 — 100 @ $25.93
• Total shares sold: 3,492; Total proceeds: $90,480
• Transaction code: S (Sale — open-market or private sale reported)
• Filing date / Period of report: 2026-08-28 (filed same day)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plan: No 10b5-1, tax-withholding, or other footnotes shown in the provided data

Context

• These are outright share sales by an executive. Sales are often routine (diversification, liquidity, tax planning) and don't by themselves indicate management sentiment about the company. Purchases generally carry more weight for signaling confidence.