Banner Corp (BANR) executive returns 1,800 common shares to issuer in Form 4

Rhea-AI Filing Summary

Banner Corp executive James P.G. McLean, Executive VP of Banner Bank, reported an issuer-related disposition of 1,800 shares of common stock at $67.16 per share. After this Form 4 transaction, he directly holds 22,393 shares, indicating he continues to maintain a meaningful ownership position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McLean James P.G.

Role Executive VP, Banner Bank

Type	Security	Shares	Price	Value
Disposition	Common Stock, $0.01 par value per share	1,800	$67.16	$121K

Holdings After Transaction: Common Stock, $0.01 par value per share — 22,393 shares (Direct, null)

Footnotes (1)

Key Figures

Shares disposed: 1,800 shares Price per share: $67.16 per share Shares held after: 22,393 shares +1 more

4 metrics

Shares disposed 1,800 shares Disposition to issuer on Form 4

Price per share $67.16 per share Disposition transaction price

Shares held after 22,393 shares Direct holdings following transaction

Security title Common Stock, $0.01 par value Non-derivative security involved

Key Terms

Disposition to issuer, Common Stock, $0.01 par value per share, Form 4

3 terms

Disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

Common Stock, $0.01 par value per share financial

"security_title": "Common Stock, $0.01 par value per share""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McLean James P.G.

(Last) (First) (Middle)

10 SOUTH FIRST AVENUE

(Street)

WALLA WALLA WASHINGTON 99362

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BANNER CORP [ BANR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP, Banner Bank

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value per share	06/12/2026		D		1,800	D	$67.16	22,393	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Richard C. Arnold, attorney-in-fact for Mr. McLean	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Banner Corp (BANR) report for James P.G. McLean?

Banner Corp reported that Executive VP James P.G. McLean disposed of 1,800 shares of common stock back to the issuer. The transaction used code D, meaning a disposition to the company rather than an open-market sale.

At what price did James P.G. McLean’s Banner Corp (BANR) shares transfer to the issuer?

The 1,800 Banner Corp common shares were disposed of at a price of $67.16 per share. This price applies only to the reported Form 4 transaction involving a disposition to the issuer.

How many Banner Corp (BANR) shares does James P.G. McLean hold after this Form 4?

Following the reported disposition, James P.G. McLean directly holds 22,393 shares of Banner Corp common stock. This figure reflects his position immediately after the 1,800-share issuer disposition recorded on the Form 4.

What does transaction code D mean in the Banner Corp (BANR) Form 4?

Transaction code D on the Banner Corp Form 4 indicates a “Disposition to issuer.” This means the reported 1,800 shares were returned or transferred to the company, rather than sold in the open market to other investors.

Did the Banner Corp (BANR) Form 4 disclose any derivative securities for James P.G. McLean?

The Form 4 shows no derivative securities for James P.G. McLean in the derivative section. The reported activity involves only non-derivative common stock, with no remaining options or similar derivative positions disclosed in this filing.