Form 4: Sierra Bancorp EVP Hugh F. Boyle Reports Stock Transaction
SEC Form 4 Filing
Hugh F. Boyle, EVP/Chief Credit Officer of Sierra Bancorp, reports the withholding of common stock to cover tax obligations related to vesting restricted stock.
Summary
- On March 1, 2025, Hugh F. Boyle, EVP/Chief Credit Officer of Sierra Bancorp, had 1,774 shares of common stock withheld to satisfy tax obligations.
- This transaction occurred at a price of $30.72 per share.
- Following the transaction, Boyle directly owns 33,296 shares of Sierra Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to tax withholding, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock transaction (tax withholding) |
| 03/03/2025 | Date of signature |
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