Form 4: Trico Bancshares Director Michael Koehnen Reports Stock Sale
SEC Form 4 Filing
Director Michael Koehnen reported selling 1,400 shares of Trico Bancshares (TCBK) at $45.20 per share on August 28, 2024.
Summary
- On August 28, 2024, Michael W. Koehnen, a director of Trico Bancshares, reported a transaction involving the company's common stock.
- Koehnen sold 1,400 shares at a price of $45.20 per share.
- Following the transaction, Koehnen directly owns 119,926.81 shares of common stock.
- Koehnen also has indirect ownership through various entities, including his mother's trust (3,000 shares), Koehnen & Sons (97,715 shares), his spouse (2,300 shares), Koehnen & Sons Profit Sharing (8,600 shares), and ESOP Trustee (1,174,695 shares).
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of stock sale transaction |
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