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 of restricted stock units and subsequent tax withholding.
Summary
- On May 28, 2024, Craig Carney, EVP Chief Credit Officer of Trico Bancshares, reported transactions involving the company's common stock.
- 759 shares were acquired through the vesting of restricted stock units.
- 443 shares were disposed of to cover tax liabilities related to the vesting.
- Following these transactions, Carney directly owns 32,641 shares of common stock.
- Carney 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 detailing 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 publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/27/2021 | Date of grant for the Restricted Stock Unit award. |
| 05/28/2024 | Date of stock transactions (vesting and tax withholding). |
| 05/29/2024 | Date of Form 4 filing. |
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