Sierra Bancorp director awarded 1,445 BSRR restricted shares
Sierra Bancorp (BSRR) director Vonn R. Christenson reported an equity award under Section 16 rules.
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Rhea-AI Filing Summary
Sierra Bancorp (BSRR) director Vonn R. Christenson reported an equity award under Section 16 rules. On 11/20/2025, he received 1,445 shares of common stock as an award of time-based restricted stock granted under the company’s 2023 Equity Incentive Plan at a reported price of $0, reflecting a compensatory grant rather than an open-market purchase.
After this grant, Christenson beneficially owns 11,139 shares of Sierra Bancorp common stock directly, plus additional indirect holdings of 189 shares and 286 shares held by his spouse. The restricted stock vests in one year and is subject to forfeiture if certain events described in the grant agreement occur.
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 are the key terms of the restricted stock granted to the Sierra Bancorp (BSRR) director?
Was the Sierra Bancorp (BSRR) Form 4 transaction an open-market purchase?
What is the relationship of the reporting person to Sierra Bancorp (BSRR)?
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