Sierra Bancorp (BSRR) director granted 1,445 restricted shares
Sierra Bancorp (BSRR) director Laurence S. Dutto reported an acquisition of company stock on a Form 4.
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Rhea-AI Filing Summary
Sierra Bancorp (BSRR) director Laurence S. Dutto reported an acquisition of company stock on a Form 4. On 11/20/2025, he received 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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,445 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did Sierra Bancorp (BSRR) disclose in this Form 4?
What plan governs the Sierra Bancorp (BSRR) restricted stock award?
What type of security is involved in this Sierra Bancorp (BSRR) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.