secwatch.observer — SEC 8-K summary
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Issuer:     NORTHRIM BANCORP INC (NRIM)
CIK:        0001163370
Form:       8-K
Filed at:   2025-08-25T23:59:59+00:00
Accession:  0001163370-25-000034
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NRIM: 4-for-1 stock split; record Sept 18, trading Sept 23
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- 4-for-1 forward stock split; each holder gets three additional shares per share held.
- Record date of September 18, 2025; distribution after close September 22, 2025.
- Split-adjusted trading begins September 23, 2025 under same symbol NRIM.
- Authorized shares increase from 10M to 40M; par value reduced from $1.00 to $0.25.
- Outstanding shares rise from ~5.5M to ~22.0M; split aims to boost liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163370/000116337025000034/0001163370-25-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163370/000116337025000034/nrim-20250821.htm
  HTML page:      https://secwatch.observer/filing/0001163370-25-000034

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