Form 4: Trico Bancshares Executive Stock Transaction

EVP and Chief Banking Officer Daniel K. Bailey reported the vesting of restricted stock units and subsequent tax withholding.

Summary

• Daniel K. Bailey, EVP and Chief Banking Officer of Trico Bancshares, acquired 1,608 shares of common stock upon the vesting of restricted stock units (RSUs).
• The transaction occurred on June 12, 2026, as part of a 33% vesting schedule for an award granted on June 12, 2023.
• A total of 943 shares were withheld by the company to satisfy tax liabilities associated with the vesting, at a price of $52.64 per share.
• Following these transactions, the reporting person holds 59,292.41 shares directly and 11,831.95 shares indirectly through an ESOP.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents routine executive compensation rather than a market-moving strategic decision.

Positives

• The transaction reflects the fulfillment of a long-term incentive plan, aligning executive interests with shareholder value.

Negatives

• None identified; this is a routine compensatory transaction.

Risks

• None identified; this is a routine compensatory transaction.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that this is a standard regulatory disclosure for executive equity compensation within the regional banking sector, indicating no change in strategic direction or material non-public information.

Comparison to Industry Standards

• The transaction follows standard industry practices for equity-based compensation and tax withholding for bank executives.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity vesting event.

Next Steps

• None mentioned.

Key Dates

Keywords

TCBK, Trico Bancshares, Insider Trading, Form 4, Executive Compensation, Restricted Stock Units