Mark Charles Borrecco - 01 Apr 2026 Form 4 Insider Report for BANNER CORP (BANR)

Reporting relationship: Executive VP, Banner Bank
Issuer ticker: BANR
Reported as of: 01 Apr 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Apr 2026, 14:39:13 UTC
Prior SEC filing: 03 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Richard C. Arnold, attorney-in-fact for Mr. Borrecco

Key filing fact

Mark Charles Borrecco filed Form 4 for BANNER CORP (BANR) on 02 Apr 2026.

Key facts

This page summarizes Mark Charles Borrecco's Form 4 filing for BANNER CORP (BANR).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 02 Apr 2026, 14:39.

Change

Previous filing in this sequence was filed on 03 Nov 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001803405 Primary reporting owner

BORRECCO MARK CHARLES

Relationship: Executive VP, Banner Bank
Address: 10 SOUTH FIRST AVENUE, WALLA WALLA
Signature: /s/ Richard C. Arnold, attorney-in-fact for Mr. Borrecco
Signature date: 02 Apr 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BANR transaction

Common Stock, $0.01 par value per share

Award

Transaction value
Shares: +3,829
Change %: +33%
Price: $61.40^*
Shares after: 15,301
Date: 01 Apr 2026
Ownership: Direct
Footnotes: F1, F2

BANR transaction

Common Stock, $0.01 par value per share

Award

Transaction value
Shares: +5,743
Change %: +38%
Price: $61.40^*
Shares after: 21,044
Date: 01 Apr 2026
Ownership: Direct
Footnotes: F2, F3

BANR transaction

Common Stock, $0.01 par value per share

Tax liability

Transaction value
Shares: -345
Change %: -1.6%
Price: $61.34^*
Shares after: 20,699
Date: 01 Apr 2026
Ownership: Direct
Footnotes: F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents award pursuant to 2023 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on April 1, 2026 and ending on the third anniversary thereof. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.

Footnote F2

Closing price on April 1, 2026.

Footnote F3

Represents award pursuant to 2023 Omnibus Incentive Plan and is subject to the achievement of specified corporate and individual performance goals over a period that began on January 1, 2026 and ends on December 31, 2028. The extent to which the award vests, if at all, depends on the extent to which the performance goals are satisfied. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.

Footnote F4

Shares relinquished to cover tax obligations on vesting of 1,067 shares of restricted stock pursuant to 2023 Omnibus Incentive Plan.

Footnote F5

Market price on April 1, 2026.