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Torran Nixon Sells 2,241 Shares of Columbia Banking System Stock
VP Offloads Shares Representing 2.18% Decrease in Ownership
Published on Mar. 5, 2026
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Torran Nixon, a vice president at Columbia Banking System, Inc. (NASDAQ:COLB), sold 2,241 shares of the company's stock on March 3rd. The shares were sold at an average price of $28.25, resulting in a total transaction value of $63,308.25. Following the sale, Nixon still directly owns 100,469 shares in the company, valued at approximately $2,838,249.25.
Why it matters
The sale represents a 2.18% decrease in Nixon's ownership stake in Columbia Banking System. Insider transactions, such as this sale, can provide insights into management's views on the company's prospects and valuation.
The details
The shares were sold through a standard open-market transaction and the sale was disclosed in a filing with the Securities and Exchange Commission. Columbia Banking System is a regional bank holding company headquartered in Tacoma, Washington, with operations across the Pacific Northwest.
- The shares were sold on Tuesday, March 3rd, 2026.
The players
Torran Nixon
Vice president at Columbia Banking System, Inc.
Columbia Banking System, Inc.
A regional bank holding company headquartered in Tacoma, Washington, with operations across the Pacific Northwest.
The takeaway
This transaction highlights the ongoing monitoring of insider activity at public companies, as such transactions can provide insights into management's views on the company's prospects and valuation.
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