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 withholding.
Summary
- On May 28, 2024, Judi Giem, Chief Human Resources Officer of Trico Bancshares, reported transactions involving the company's common stock.
- 255 restricted stock units vested, converting into common stock.
- 149 shares were withheld to cover tax liabilities at a price of $37.56 per share.
- Following these transactions, Giem directly owns 2,097 shares of common stock and indirectly owns 713.88 shares through an ESOP.
- She also directly owns 3,667 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 Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 05/27/2021 | Date of grant for the Restricted Stock Unit award. |
| 05/28/2024 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| 05/29/2024 | Date of signature for the Form 4 filing. |
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