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BSRR Form 4 shows director Laurence Dutto stock award

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sierra Bancorp (BSRR)1,445 shares of common stock as an award of time-based restricted stock under the company’s 2023 Equity Incentive Plan at a stated price of $0 per share. The award vests in one year and is subject to forfeiture if certain conditions in the grant agreement occur.

Following this grant, the filing shows Dutto beneficially owning 11,139 shares of Sierra Bancorp common stock directly, an additional 4,870 shares directly, and 500 shares indirectly through his spouse.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dutto Laurence S

(Last) (First) (Middle)
86 N MAIN STREET

(Street)
PORTERVILLE CA 93257

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SIERRA BANCORP [ BSRR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/20/2025 A 1,445 A $0(1) 11,139 D
Common Stock 4,870 D
Common Stock 500 I Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents an award of time-based restricted stock pursuant to a grant under the Issuer's 2023 Equity Incentive Plan that vest in one year, subject to forfeiture upon the occurrence of certain events specified in the agreement underlying such grant.
/s/ Laurence S Dutto 11/21/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Sierra Bancorp (BSRR) disclose in this Form 4?

The Form 4 reports that director Laurence S. Dutto acquired 1,445 shares of Sierra Bancorp common stock as a time-based restricted stock award on 11/20/2025.

At what price were the Sierra Bancorp (BSRR) restricted shares granted?

The filing states that the 1,445 restricted shares of Sierra Bancorp common stock were granted at a price of $0 per share, reflecting a stock award rather than an open-market purchase.

What plan governs the Sierra Bancorp (BSRR) restricted stock award?

The award is granted under Sierra Bancorp’s 2023 Equity Incentive Plan as time-based restricted stock.

When do the Sierra Bancorp (BSRR) restricted shares granted to Laurence S. Dutto vest?

The 1,445 restricted shares vest in one year, subject to forfeiture upon certain events described in the underlying grant agreement.

How many Sierra Bancorp (BSRR) shares does Laurence S. Dutto beneficially own after this transaction?

After the reported grant, the Form 4 shows Dutto beneficially owning 11,139 shares directly, another 4,870 shares directly, and 500 shares indirectly through his spouse.

What type of security is involved in this Sierra Bancorp (BSRR) Form 4 filing?

The transaction involves common stock of Sierra Bancorp, reported as a time-based restricted stock award.
Sierra Bancorp

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