Form 4: TRICO BANCSHARES COO Fleshood Exercises RSUs

TRICO BANCSHARES EVP Chief Operating Officer John Fleshood reported the vesting of Restricted Stock Units and the sale of shares to cover tax obligations.

Summary

• John Fleshood, EVP Chief Operating Officer of TRICO BANCSHARES (TCBK), reported a transaction involving Common Stock on October 21, 2025.
• The transaction included the acquisition of 1,385 shares of Common Stock due to the 33% vesting of a Restricted Stock Unit (RSU) award granted on October 21, 2022.
• The price per share on the vesting date was $42.33.
• Concurrently, 810 shares were disposed of to cover tax liabilities associated with the RSU vesting.
• Following these transactions, John Fleshood directly beneficially owns 41,214.45 shares of Common Stock.
• Additionally, 2,565.19 shares are indirectly beneficially owned through an ESOP.
• John Fleshood retains 7,920 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This Form 4 reports a routine insider transaction involving the vesting of Restricted Stock Units and subsequent tax-related share disposition. It is a standard compensation event and does not inherently indicate a significant positive or negative sentiment regarding the company's future prospects.

Positives

• The vesting of Restricted Stock Units demonstrates the company's commitment to long-term incentive plans for its executive management.
• John Fleshood continues to hold a significant number of shares, both directly and indirectly, indicating continued alignment with shareholder interests.

Negatives

• A portion of the vested shares (810 shares) was withheld to satisfy tax obligations, which is a common practice but results in a reduction of direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and demonstrates continued equity alignment of a key executive. It is unlikely to have a material impact on shareholder value.
• Employees: No direct impact on general employees is indicated by this filing.
• Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated.

Key Dates

Keywords

Insider Trading, Form 4, TCBK, TRICO BANCSHARES, John Fleshood, Restricted Stock Unit, RSU Vesting, Executive Compensation, Beneficial Ownership