Form 4: TCBK EVP CFO Wiese Reports Stock Vesting & Sale

Trico Bancshares EVP Chief Financial Officer Peter G. Wiese reported the vesting of restricted stock units and subsequent sale of shares to cover tax liabilities.

Summary

• Peter G. Wiese, EVP Chief Financial Officer of Trico Bancshares (TCBK), reported transactions on October 21, 2025.
• 1,473 shares of Common Stock were acquired upon the vesting of Restricted Stock Units (RSUs).
• These RSUs were part of an award granted on October 21, 2022, with 33% vesting on this date.
• The price per share on the vesting date was $42.33.
• 23 shares of Common Stock were disposed of to cover tax liabilities at a price of $42.33 per share.
• Following these transactions, Wiese directly owns 45,200 shares of Common Stock.
• He also indirectly owns 1,761.43 shares through an ESOP and 2,700 shares through a family trust.
• His beneficial ownership of derivative securities (Restricted Stock Units) is 10,888.

Sentiment

Score: 7

Explanation: The filing reports a routine executive compensation event involving the vesting of restricted stock units and a tax-related sale. It indicates ongoing executive equity participation and is generally neutral, with a slight positive tilt due to the executive's continued significant ownership.

Positives

• Vesting of Restricted Stock Units indicates a compensation event for the executive, reflecting earned equity.
• The executive continues to hold a significant number of shares directly (45,200) and indirectly (4,461.43), aligning interests with shareholders.

Negatives

• A small portion of vested shares (23 shares) was sold to cover tax liabilities, which is a common practice but slightly reduces direct ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The executive's continued equity ownership aligns their interests with those of shareholders.
• Employees: Reflects standard executive compensation practices within the company.

Key Dates

Keywords

TCBK, Trico Bancshares, Peter G. Wiese, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Stock Compensation, Executive Compensation, CFO