Form 4: Trico Bancshares EVP Peter Wiese Reports Stock Transactions
SEC Form 4 Filing
Peter Wiese, EVP and Chief Financial Officer of Trico Bancshares, reports the vesting of restricted stock units and associated tax withholding.
Summary
- On October 21, 2024, Peter Wiese, the EVP and Chief Financial Officer of Trico Bancshares, reported transactions involving the company's common stock.
- A total of 1,427 shares were acquired through the vesting of restricted stock units.
- 277 shares were disposed of to cover tax liabilities at a price of $43.26 per share.
- Following these transactions, Wiese directly owns 39,750 shares of common stock.
- Wiese also indirectly owns 1,292.56 shares through an ESOP and 2,700 shares through a family trust.
- He also owns 12,260 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.
Stakeholder Impact
- The transactions have a minor impact on the overall shareholding structure of the company.
- The tax withholding benefits the government.
Key Dates
| Date | Description |
|---|---|
| 10/21/2022 | Date of grant for the Restricted Stock Unit award, vesting 33.3% on 10/21/2024. |
| 10/21/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 10/22/2024 | Date of signature for the Form 4 filing. |
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