Torres Daria Stacy-Walls 4

What Happened

• Torres Daria Stacy-Walls (Director) was credited with 479.386 shares on 2026-06-26 at an imputed price of $20.86 per share, a total value of $10,000. The Form 4 reports this as an award/acquisition (code A).

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (timely — within the 2-business-day filing window).
• Price/value: $20.86 per share; total reported value $10,000.
• Shares owned after transaction: not specified in the filing.
• Footnote: These are phantom stock units purchased by the trustee of the Bank's rabbi trust under the Columbia Bank Stock Based Deferral Plan; units will be settled in actual shares upon distribution to the reporting person.
• Transaction type: Award/acquisition (non-discretionary purchase by trustee under a deferral plan), not an open-market purchase by the insider.

Context

• This is a deferred-compensation award (phantom/stock unit) rather than a direct cash purchase or sale of existing shares. Such awards are common for directors and will convert to actual shares when distributed; they do not necessarily signal immediate buy/sell intent. The reported value is relatively small ($10k).