Form 4: Sierra Bancorp SVP Matthew Dusi Reports Stock Transaction
SEC Form 4 Filing
Matthew Dusi, SVP at Sierra Bancorp, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 21, 2025, Matthew Dusi, SVP/Head of Commercial Banking at Sierra Bancorp, had 625 shares of common stock withheld to cover tax obligations.
- The price per share was $28.53.
- Following the transaction, Dusi directly owns 8,767 shares of Sierra Bancorp common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (tax withholding) and doesn't indicate any significant positive or negative sentiment. It's a neutral disclosure required by regulations.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates a routine transaction related to tax obligations on vested stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of stock transaction (withholding of shares for tax obligations). |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
Sierra Bancorp, BSRR, Form 4, Matthew Dusi, Stock Transaction, Insider Trading, Tax Withholding, Restricted Stock, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.