Form 4: Trico Bancshares Executive Adjusts Holdings

Trico Bancshares Chief Information Officer Jason Todd Levingston reported transactions involving common stock and performance stock units.

Summary

• Jason Todd Levingston, Chief Information Officer of Trico Bancshares, reported transactions on June 25, 2026.
• He acquired 1,604 shares of common stock through the vesting of performance-based stock units (PSUs).
• These PSUs vested at 109.36% of the target number, based on the issuer's total stockholder return relative to the KBW Regional Banking Index.
• Additionally, 940 shares were disposed of to cover tax liabilities, with a transaction price of $53.55 per share.
• Levingston's beneficial ownership following these transactions includes 4,294.29 shares directly held and 3,354.29 shares indirectly held, with an additional 1,049.64 shares held in an ESOP.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine executive compensation events like stock vesting and tax withholdings, without significant positive or negative strategic implications.

Positives

• Vesting of performance-based stock units indicates achievement of performance targets.
• PSUs vested at 109.36%, exceeding the target, suggesting strong relative performance against the KBW Regional Banking Index.
• Acquisition of 1,604 shares of common stock through PSU vesting.

Negatives

• Disposal of 940 shares to cover tax liabilities, representing a reduction in direct holdings.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving stock vesting and tax withholdings, are common for executives. The performance metric tied to the KBW Regional Banking Index provides context for how executive compensation is aligned with broader industry performance.

Stakeholder Impact

• Shareholders: The vesting of PSUs at a higher-than-target rate may be viewed positively, indicating executive performance alignment. The disposal of shares for taxes is a standard practice and does not necessarily indicate a negative outlook on the company's stock.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Stock Vesting, Performance Stock Units, Trico Bancshares, TCBK, Beneficial Ownership, Executive Compensation