secwatch.observer — SEC 8-K summary
======================================

Issuer:     BANNER CORP (BANR)
CIK:        0000946673
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0000939057-22-000155
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banner shareholders approve de-staggering board, re-elect all nominees at annual meeting
--------------------------------------------------------------------------------

- Shareholders approved amendment to Articles to eliminate staggered terms for directors; all directors now elected annually.
- Directors Boyer, Collingsworth, Pedersen elected to 3-year terms; Copeland and Walsh elected to 1-year terms.
- Advisory vote on executive compensation approved (26,487,130 for, 490,904 against).
- Ratification of Moss Adams as auditor for FY2022 approved (28,604,403 for).
- Company has $16.78B in total assets as of May 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946673/000093905722000155/0000939057-22-000155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946673/000093905722000155/banr8k51822.htm
  HTML page:      https://secwatch.observer/filing/0000939057-22-000155

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer