Form 144: Insider Plans to Sell 5,593 BSRR Shares on 08/08/2025

Rhea-AI Filing Summary

Sierra Bancorp (BSRR) Form 144 reports a proposed sale of 5,593 common shares through Morgan Stanley Smith Barney LLC with an approximate sale date of 08/08/2025. The filing lists an aggregate market value of $158,561.55 and shows 13,590,273 shares outstanding.

The securities were acquired on 08/08/2025 by stock option exercise from the issuer and payment is listed as cash. The filer reports no securities sold in the past three months and makes the standard representation that they do not know of undisclosed material adverse information. This notice serves as a procedural disclosure under Rule 144 of an intended resale.

Insights

Securities Analyst

TL;DR Routine Rule 144 notice: 5,593 shares ($158,561.55) planned for sale via Morgan Stanley on 08/08/2025.

The filing documents a planned sale of 5,593 common shares with an aggregate market value of $158,561.55. The shares were acquired the same day by stock option exercise and will be paid in cash. The filer reports no sales in the prior three months. This disclosure appears procedural to comply with resale rules and does not disclose material corporate events or changes to operating results.

Corporate Governance Expert

TL;DR Standard insider liquidity disclosure with the filer affirming no undisclosed material information.

Remarks include the customary representation about absence of material nonpublic information and reference to Rule 10b5-1 plan language, although no plan adoption date is provided in the filing. The transaction stems from a stock option exercise with cash payment and is disclosed properly on Form 144. From a governance perspective, the form meets routine disclosure expectations and raises no immediate governance or compliance flags.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	5593	158561.55	13590273	08/08/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/08/2025	Stock Option Exercise	Issuer			5593	08/08/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for BSRR report?

The filing discloses a proposed sale of 5,593 common shares with an aggregate market value of $158,561.55, approximate sale date 08/08/2025.

Who is the broker handling the proposed sale?

The broker is listed as Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza 8th Floor, New York, NY 10004.

How were the securities acquired?

The securities were acquired on 08/08/2025 via stock option exercise from the issuer; payment is recorded as cash.

How many shares outstanding does the filing show for the issuer?

The filing lists 13,590,273 shares outstanding.

Has the filer sold any securities of the issuer in the past three months?

The filing reports Nothing to Report for sales during the past three months.