Form 4: Trico Bancshares SVP Gregory Gehlmann Reports Stock Vesting
SEC Form 4 Filing
Gregory Gehlmann, SVP General Counsel of Trico Bancshares, reports the vesting of restricted stock units.
Summary
- On May 28, 2024, Gregory A Gehlmann, SVP General Counsel of Trico Bancshares, reported a transaction involving the vesting of restricted stock units.
- 473 shares of common stock were acquired through the vesting of restricted stock units.
- Following the transaction, Gehlmann directly owns 14,014.65 shares of common stock and indirectly owns 1,839.08 shares through an ESOP.
- The restricted stock units were part of an award granted on May 27, 2021, with 25% vesting on May 28, 2024.
- The price per share on the vesting date was $37.56.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock vesting, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 05/27/2021 | Date of grant for the Restricted Stock Unit award. |
| 05/28/2024 | Date of transaction: vesting of 25% of the Restricted Stock Unit award. |
| 05/29/2024 | Date of signature on the Form 4 filing. |
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