BSRR Form 4 shows director Christenson restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Christenson Vonn R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,445 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,139 shares (Direct);
Common Stock — 286 shares (Indirect, Spouse)
Footnotes (1)
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FAQ
What insider transaction did Sierra Bancorp (BSRR) disclose in this Form 4?
The filing reports that director Vonn R. Christenson received an award of 1,445 shares of Sierra Bancorp common stock as time-based restricted stock on 11/20/2025 under the 2023 Equity Incentive Plan.
What are the key terms of the restricted stock granted to the Sierra Bancorp (BSRR) director?
The 1,445 restricted shares of Sierra Bancorp common stock vest in one year and are subject to forfeiture upon the occurrence of certain events specified in the underlying grant agreement.
Was the Sierra Bancorp (BSRR) Form 4 transaction an open-market purchase?
No. The Form 4 describes the transaction as an award of time-based restricted stock under Sierra Bancorp’s 2023 Equity Incentive Plan, reported at a price of $0 per share.
What is the relationship of the reporting person to Sierra Bancorp (BSRR)?
The reporting person, Vonn R. Christenson, is identified as a director of Sierra Bancorp on the Form 4.