March 23, 2026 · Form 4 insider transaction
Ballard Jed W bought 9,015 shares of NORTHRIM BANCORP INC at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Under the terms of the Northrim BanCorp, Inc. Stock Incentive Plan, the underlying securities were earned (150 percent) based on the Companys performance relative to an industry peer group over a three-year performance period. Determination of the percentage of the award earned was made by the Compensation Committee on March 23, 2026, and calculation of the underlying shares to be delivered, net of withholding, was completed on March 23, 2026.; Includes 999 shares issued for the payment of dividends under the Northrim BanCorp, Inc. Stock Incentive Plan.