Banner Corp Executive Vice President Denise Portmann filed a Form 4 on November 3, 2026, reporting the acquisition of 2,895 restricted stock units in Banner Corp common stock on November 2, 2026.

Key Highlights

  • Reporting person: Denise Portmann, Executive VP of Banner Bank
  • Transaction date: November 2, 2026, transaction code A (acquisition)
  • RSUs awarded: 2,895 restricted stock units under the 2018 Omnibus Incentive Plan
  • Reference price: $71.52, described in the filing as the closing price on November 2, 2026
  • Vesting schedule: Shares vest ratably over three years beginning November 2, 2026, ending on the third anniversary thereof
  • Beneficial ownership following transaction: 26,000 shares of common stock, held directly

Banner Corp RSU Award Details for Portmann, November 2026

According to the filing, Denise Portmann, who serves as Executive Vice President of Banner Bank, received an award of 2,895 restricted stock units on November 2, 2026. The award was made pursuant to Banner Corp's 2018 Omnibus Incentive Plan. The filing describes each restricted stock unit as representing "the right to receive one share of the Issuer's Common Stock upon vesting." The filing notes these units "are subject to forfeiture and to limits on transferability until they vest."

The filing reports the reference price of $71.52 as the closing price of Banner Corp common stock (NASDAQ:BANR) on November 2, 2026. The RSUs are stated to vest ratably over a three-year period beginning on November 2, 2026, and ending on the third anniversary of that date. No derivative securities were reported in Table II of the filing.

Following the reported transaction, Portmann's beneficial ownership of Banner Corp common stock stood at 26,000 shares held directly, according to Table I of the filing. The Form 4 was signed by Richard C. Arnold as attorney-in-fact for Ms. Portmann and was filed on November 3, 2026.

What Was Disclosed

Denise Portmann, Executive VP of Banner Bank, reported the acquisition of 2,895 restricted stock units in Banner Corp on November 2, 2026, under the 2018 Omnibus Incentive Plan, with a closing price reference of $71.52 and post-transaction direct ownership of 26,000 shares.