4/A: Trico Bancshares Director Cory W. Giese Amends SEC Filing After Stock Sale

Director Cory W. Giese amended a previous SEC filing to reflect multiple trades in a sale of Trico Bancshares stock.

Summary

• Cory W. Giese, a director at Trico Bancshares, filed an amended Form 4/A with the SEC.
• The amendment corrects a previous filing from December 11, 2024, regarding the sale of 5,100 shares of common stock.
• The shares were sold at a weighted average price of $49.4657, but the actual sales occurred in multiple trades with prices ranging from $49.46 to $49.49.
• Following the transaction, Giese directly owns 6,128.47 shares and indirectly owns 44,242 shares through a spouse and 1,137,040 shares through an ESOP Trustee.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a factual report of a stock sale.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The level of detail provided in this filing is consistent with regulatory requirements.
• Similar filings are made by directors and officers of all publicly traded companies, such as Bank of America (BAC) and Wells Fargo (WFC), when they trade their company's stock.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but it is a routine transaction.
• The disclosure provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

SEC Filing, Form 4/A, Trico Bancshares, Stock Sale, Director, Cory W. Giese, Insider Trading, Beneficial Ownership