Form 4: Trico Bancshares Executive Judi Giem Reports Stock Transactions
SEC Form 4 Filing
Judi Giem, Chief Human Resources Officer of Trico Bancshares, reports the vesting of restricted stock units and subsequent tax-related share withholding.
Summary
- On June 12, 2024, Judi Giem, Chief Human Resources Officer of Trico Bancshares, reported transactions involving the company's common stock.
- Giem vested 405 shares of common stock from restricted stock units.
- Simultaneously, 236 shares were withheld to cover tax liabilities at a price of $37.80 per share.
- Following these transactions, Giem directly owns 2,422 shares of common stock and indirectly owns 713.88 shares through an ESOP.
- She also holds 2,888 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/12/2023 | Date of grant for the Restricted Stock Unit award. |
| 06/12/2024 | Date of stock vesting and tax withholding. |
| 06/13/2024 | Date of signature for the Form 4 filing. |
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