leadership
confidence high
sentiment neutral
materiality 0.50
Banner Corporation grants $300,000 restricted stock units to COO James M. Costa
BANNER CORP
- James M. Costa promoted to Chief Operating Officer of Banner Bank in May 2024, in addition to his role as EVP and Chief Risk Officer.
- Compensatory arrangements disclosed in May 2024 included eligibility for up to $300,000 in restricted stock units, contingent on criteria achieved in May 2025.
- Banner Bank's Board granted $300,000 in restricted stock units to Costa on July 22, 2025, effective August 1, 2025.
- The award vests in three equal annual installments over three years.
item 5.02item 9.01