Form 4: Trico Bancshares CIO Executes RSU Vesting

Chief Information Officer Jason Levingston acquired 539 shares of Trico Bancshares common stock through the vesting of restricted stock units.

Summary

• Jason Levingston, Chief Information Officer of Trico Bancshares, completed a transaction involving the vesting of restricted stock units (RSUs) on June 12, 2026.
• The transaction involved the acquisition of 539 shares of common stock upon the vesting of an award granted on June 12, 2023.
• A total of 316 shares were withheld by the company to satisfy tax liabilities associated with the vesting, at a price of $52.64 per share.
• Following these transactions, the reporting person holds 2,690.29 shares directly and 1,049.64 shares indirectly through an ESOP.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents standard executive compensation activity rather than a strategic shift or market-moving event.

Positives

• The transaction reflects the scheduled vesting of long-term equity compensation, aligning the executive's interests with shareholder value.

Negatives

• None identified; this is a routine compensatory transaction.

Risks

• None identified; this is a routine compensatory transaction.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine RSU vesting for bank executives is standard practice and does not typically signal a change in corporate strategy or market outlook.

Comparison to Industry Standards

• The use of RSU vesting and tax withholding is consistent with standard executive compensation practices across the regional banking sector.
• The transaction structure aligns with typical governance protocols for publicly traded financial institutions.

Stakeholder Impact

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

Key Dates

Keywords

TCBK, Trico Bancshares, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units