JOSEPH M. SCHIERHORN - 09 Dec 2025 Form 4 Insider Report for NORTHRIM BANCORP INC (NRIM)

Role: Chairman, Director
Signature: /s/ Joseph M. Schierhorn
Issuer symbol: NRIM
Transactions as of: 09 Dec 2025
Transactions value $: -$167,673
Form type: 4
Filing time: 10 Dec 2025, 10:37:37 UTC
Previous filing: 01 Apr 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SCHIERHORN JOSEPH M	Chairman, Director	3111 C STREET, ANCHORAGE	/s/ Joseph M. Schierhorn	09 Dec 2025	0001188782

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NRIM	Common Stock	Options Exercise	$347K	+41.7K	+22.98%	$8.33	223K	09 Dec 2025	Direct
transaction	NRIM	Common Stock	Tax liability	-$515K	-20.7K	-9.29%	$24.84	202K	09 Dec 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NRIM	Nso Employee Stock Option (Right to Buy)	Options Exercise	$0	-41.7K	-100%	$0.00	0	09 Dec 2025	Common Stock	41.7K	$8.33	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.