---
schema_version: "secwatch.filing_event.v1"
accession: "0000946673-25-000057"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T21:18:41.142625+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Banner Corporation grants $300,000 restricted stock units to COO James M. Costa

## Summary
- 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.

## SEC filing metadata
- accession: 0000946673-25-000057
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000094667325000057/0000946673-25-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000094667325000057/banr-20250801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000946673-25-000057
- JSON: https://secwatch.observer/filing/0000946673-25-000057.json
- Plain text: https://secwatch.observer/filing/0000946673-25-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.