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Columbia Banking System VP Sells $64,624 in Stock
Torran Nixon, a VP at the bank, sold 2,240 shares at an average price of $28.85.
Published on Mar. 8, 2026
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Columbia Banking System, Inc. (NASDAQ:COLB) VP Torran Nixon sold 2,240 shares of the company's stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $28.85, for a total value of $64,624.00. Following the sale, Nixon directly owned 98,229 shares in the company, valued at $2,833,906.65.
Why it matters
This insider sale transaction represents a 2.23% decrease in Nixon's position in the company. Insider transactions can provide insights into management's views on the company's prospects and valuation.
The details
The sale was disclosed in a filing with the SEC. Columbia Banking System is a bank holding company that operates through its principal subsidiary, Columbia State Bank. The company provides a range of banking and financial services to commercial, small business, and consumer customers in the Pacific Northwest.
- The stock sale transaction occurred on Wednesday, March 4th, 2026.
The players
Torran Nixon
A vice president at Columbia Banking System, Inc.
Columbia Banking System, Inc.
A bank holding company that operates through its principal subsidiary, Columbia State Bank, providing banking and financial services in the Pacific Northwest.
The takeaway
This insider sale transaction provides insight into management's views on the company's valuation, though further analysis would be needed to determine if it signals any broader concerns or trends.
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