Form 4: Trico Bancshares Executive Craig Carney Reports Stock Transactions
SEC Form 4 Filing
Craig Carney, EVP Chief Credit Officer of Trico Bancshares, reports the vesting and subsequent sale of restricted stock units to cover tax liabilities.
Summary
- On October 21, 2024, Craig Carney, EVP Chief Credit Officer of Trico Bancshares, had 1,039 restricted stock units vest.
- These units were part of an award granted on October 21, 2022, with 33.3% vesting.
- Following the vesting, Carney sold 607 shares at $43.26 to cover tax liabilities.
- After these transactions, Carney directly owns 34,127 shares of Trico Bancshares common stock.
- He also indirectly owns 19,560.87 shares through an ESOP and 158.71 shares through his daughter.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 10/21/2022 | Date of grant for the restricted stock unit award. |
| 10/21/2024 | Date of vesting and transaction of restricted stock units. |
| 10/22/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.