cleanup outcome:
repositioning succeeds
repositioning stalls
Risk officer's sale sits inside the bank's own balance-sheet cleanup window
May
Jul 29 reset print
Aug
balance-sheet cleanup window
securities repositioning
targeted CRE loan sale
subordinated debt redemption
CCO sale
before reset public
CRO sale
after reset print
$300M corporate buyback — only internal demand
no insider open-market buying (trailing 12m)
forward guidance
conditional on closing
repositioning succeeds
sales read routine near a local price
repositioning stalls
sales read risk officers monetizing early
risk-officer sale
buyback (internal demand)
routine reading
cautionary reading
The two sales and their dates do not move — only the cleanup outcome does, and that single flip reroutes whether the same sales read as routine or cautionary. Plan status for either sale is unconfirmed.