Form 4: Trico Bancshares EVP Craig Carney Reports Stock Sale
SEC Form 4 Filing
Craig Carney, EVP and Chief Credit Officer of Trico Bancshares, reported the sale of 757 shares of common stock at $38 per share.
Summary
- Craig Carney, an Executive Vice President and Chief Credit Officer at Trico Bancshares, filed a Form 4.
- The form indicates that Mr. Carney sold 757 shares of Trico Bancshares common stock on May 14, 2024, at a price of $38 per share.
- Following the transaction, Mr. Carney directly owns 32,325 shares of common stock.
- He also indirectly owns 19,560.87 shares through an ESOP and 156.17 shares through his daughter.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This sale could be for personal financial management reasons and may not necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The sale of shares by an executive officer could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of stock sale transaction and filing date. |
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