SCHIERHORN JOSEPH M (President, CEO, and COO) exercised options at NORTHRIM BANCORP INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/10/2025ACC: 0001188782-25-000013
DirectorOfficer· President, CEO, and COO
Since Nov 2018
-20.72K
Net shares
Net seller
$514.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
41.69K acquired · 62.41K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+41.69K
Price / share
$8.32
Trade value
$347.09K
% of position
23.0%
12/9/2025
181.41K→223.10K
Common Stock
Direct
Shares
−20.72K
Price / share
$24.84
Trade value
$514.76K
% of position
9.3%
12/9/2025
223.10K→202.38K
Total
Net shares
+20.97K
Net value
-$167.67K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/9/2025 | M · Option Exercise | +41.69K | $8.32 | $347.09K | 23.0% | 181.41K | 223.10K |
| Common Stock Direct | 12/9/2025 | F · Tax Withholding | −20.72K | $24.84 | $514.76K | 9.3% | 223.10K | 202.38K |
| Total | +20.97K | -$167.67K | ||||||
Derivative Transactions1
Nso Employee Stock Option (Right to Buy)
Direct
Converts to
Common Stock
41.69K shares
Shares
−41.69K
Strike price
8.325
Held after
0.00
Exercisable
—
12/9/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Nso Employee Stock Option (Right to Buy) Direct | Common Stock41.69K shares | 12/9/2025 | M · Option Exercise | −41.69K | 8.325 | — | 0.00 |