Form 4: Sierra Bancorp Director Albert L. Berra Reports Gift of Shares
SEC Form 4 Filing
Director Albert L. Berra reported a gift of 7,220 shares of Sierra Bancorp common stock on March 6, 2025.
Summary
- On March 6, 2025, Albert L. Berra, a director of Sierra Bancorp, gifted 7,220 shares of common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Berra directly owns 142,843 shares.
- Berra also has indirect ownership through various entities, including Albert Berra DDS Profit Sharing Plan (22,036 shares), Berra Investments, A Limited Partnership (80,704.225 shares), and shares owned by spouse (19,093 shares).
- Berra also directly owns 9,694 shares.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of a gift of shares. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. This filing provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of the transaction (gift of shares) |
| 03/12/2025 | Date of signature on the report |
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