Form 4: Sierra Bancorp Executive Hugh F Boyle Reports Stock Transaction
SEC Form 4 Filing
Hugh F Boyle, EVP/Chief Credit Officer of Sierra Bancorp, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 1, 2024, Hugh F Boyle, EVP/Chief Credit Officer of Sierra Bancorp, had 1,771 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld at a price of $18.09.
- Following the transaction, Boyle beneficially owns 32,221 shares of Sierra Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the stock transactions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the stock transaction (share withholding). |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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