Sierra Bancorp EVP granted 13,990 restricted BSRR shares
Sierra Bancorp (BSRR) reported an equity compensation grant to its EVP/Chief Operations Officer on a Form 4.
Rhea-AI Filing Summary
Sierra Bancorp (BSRR) reported an equity compensation grant to its EVP/Chief Operations Officer on a Form 4. On 11/18/2025, the executive received an award of 13,990 shares of common stock as restricted stock under the company’s 2023 Stock Incentive Plan at a stated price of $0 per share.
The restricted shares vest in five equal annual installments on each anniversary of the grant date, meaning the executive earns a portion of the award each year over a five-year period. The award is subject to forfeiture if certain events occur as described in the underlying grant agreement, and no cash consideration was paid by the executive for this stock grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,990 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person acquired the shares as an award of restricted stock pursuant to a grant under the Issuer's 2023 Stock Incentive Plan. Such shares vest in five (5) equal annual installments on the anniversary date of the grant, subject to forfeiture upon the occurrence of certain events specified in the agreement underlying such grant. No consideration was paid by the reporting person for the award of restricted stock.
FAQ
What insider transaction did Sierra Bancorp (BSRR) report on this Form 4?
Sierra Bancorp reported that its EVP/Chief Operations Officer received an award of 13,990 shares of common stock as restricted stock on 11/18/2025.
Did the Sierra Bancorp (BSRR) executive pay for the restricted stock grant?
No. The filing states that no consideration was paid by the reporting person for the award of restricted stock.
What is the reporting person’s role at Sierra Bancorp (BSRR)?
The reporting person is an officer of Sierra Bancorp, serving as EVP/Chief Operations Officer, and files individually on this Form 4.
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