Form 4: Sierra Bancorp SVP Cindy L. Dabney Reports Stock Transaction

Cindy L. Dabney, SVP/Chief Accounting Officer of Sierra Bancorp, reports the withholding of shares to cover tax obligations related to vesting restricted stock.

Summary

• On March 21, 2025, Cindy L. Dabney, SVP/Chief Accounting Officer of Sierra Bancorp, reported a transaction involving common stock.
• 216 shares of common stock were disposed of at a price of $28.53 to satisfy tax withholding obligations related to the vesting of previously awarded restricted stock.
• Following the transaction, Ms. Dabney directly owns 1,712 shares of common stock and indirectly owns 6,348.492 shares.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting a standard tax withholding procedure. It doesn't indicate positive or negative sentiment towards the company.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives to have shares withheld to cover tax obligations when restricted stock vests.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax withholding event.

Key Dates

Keywords

Sierra Bancorp, BSRR, Form 4, Insider Trading, Stock Transaction, Cindy L. Dabney, Tax Withholding, Restricted Stock, SVP, Chief Accounting Officer