GLACIER BANCORP, INC.·4

Feb 18, 5:38 PM ET

Groom Lee Kenneth 4

Research Summary

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Glacier Bancorp (GBCI) Chief Experience Officer Lee Groom Receives Award

What Happened

  • Lee Groom, Chief Experience Officer of Glacier Bancorp (GBCI), received a restricted stock award of 4,501 shares on February 13, 2026 (reported on Form 4 filed Feb 18, 2026). The shares were granted at $0.00 (no cash purchase). To satisfy tax withholding obligations, 738 of those shares were disposed (withheld) — also recorded at $0.00. The award has no immediate cash value recorded on the Form 4.

Key Details

  • Transaction date(s): February 13, 2026 (award and tax withholding)
  • Transaction types/codes: A = Award/Grant (4,501 shares); F = Tax withholding (738 shares)
  • Price per share reported: $0.00 for both the award and the withheld shares
  • Total cash exchanged on Form 4: $0 (grant) and $0 (withholding) as reported
  • Vesting note: Award vests equally over three years and becomes fully vested on February 13, 2029 (footnote)
  • Shares owned after the transaction: Not stated in this filing
  • Filing timeliness: Form 4 was filed on Feb 18, 2026 for a Feb 13 transaction. Because Feb 16, 2026 was a federal holiday (Presidents’ Day), the filing appears to have been submitted one business day after the typical 2-business-day deadline

Context

  • Restricted stock awards are compensation: this was a grant of restricted shares (not an open-market purchase), and vesting conditions mean the shares are forfeitable until they vest. The 738-share disposition reflects tax withholding rather than a market sale, and therefore does not necessarily signal sentiment about the company’s outlook.