Form 4: Trico Bancshares CFO Executes RSU Vesting Transaction

EVP and CFO Peter G. Wiese acquired 2,104 shares of Trico Bancshares common stock through the vesting of restricted stock units.

Summary

• Peter G. Wiese, EVP and CFO of Trico Bancshares, completed a transaction involving the vesting of 2,104 restricted stock units (RSUs) on June 12, 2026.
• Following the vesting, 1,104 shares were withheld by the company to satisfy tax obligations at a price of $52.64 per share.
• The reporting person's direct beneficial ownership of common stock is now 50,750 shares.
• The transaction represents a 33% vesting of an RSU award originally granted on June 12, 2023.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event related to executive compensation, having no material impact on the company's financial position.

Positives

• The transaction reflects the fulfillment of long-term incentive compensation plans for executive leadership.
• The CFO maintains a significant direct equity stake of 50,750 shares, aligning interests with shareholders.

Negatives

• The company withheld 1,104 shares to cover tax liabilities associated with the RSU vesting, which is a standard but dilutive administrative action.

Risks

• No specific operational or financial risks are disclosed in this ownership filing.

Future Outlook

The filing does not provide forward-looking financial guidance or strategic outlooks.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of executive compensation and does not signal a change in corporate strategy or market outlook for the regional banking sector.

Comparison to Industry Standards

• The use of RSU vesting and tax withholding is standard practice for executive compensation among U.S. regional banks such as TCBK.
• The retention of shares by the executive post-tax is consistent with typical governance expectations for senior management.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine equity compensation settlement.

Next Steps

• Future vesting of the remaining 9,654 restricted stock units held by the reporting person.

Key Dates

Keywords

TCBK, Trico Bancshares, Insider Trading, Form 4, CFO, Equity Compensation