Sierra Bancorp EVP disposes shares for tax withholding

Sierra Bancorp executive vice president and chief credit officer Hugh F. Boyle reported a Form 4 transaction involving a tax-withholding disposition of company stock.

Rhea-AI Filing Summary

Sierra Bancorp executive vice president and chief credit officer Hugh F. Boyle reported a Form 4 transaction involving a tax-withholding disposition of company stock. On February 23, 2026, 794 shares of common stock were withheld at $36.09 per share to cover taxes on vesting restricted stock, leaving him with 33,470 directly owned shares.

Insider Trade Summary

Exercise Price or Tax Liability: 794 shares

Exercise Price or Tax Liability 1 txn

Insider Boyle Hugh F

Role EVP/Chief Credit Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	794	$36.09	$29K

Holdings After Transaction: Common Stock — 33,470 shares (Direct)

Footnotes (1)

1. F1. Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded shares of restricted stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Sierra Bancorp (BSRR) report for Hugh F. Boyle?

Sierra Bancorp reported a tax-withholding share disposition for EVP and Chief Credit Officer Hugh F. Boyle. On February 23, 2026, 794 common shares were withheld to satisfy tax obligations tied to vesting restricted stock, rather than being sold in an open-market transaction.

How many Sierra Bancorp (BSRR) shares were disposed of for tax withholding?

Hugh F. Boyle had 794 Sierra Bancorp shares withheld to cover tax obligations associated with vesting restricted stock. The shares were valued at $36.09 per share for this purpose, according to the Form 4, and did not represent a discretionary market sale.

What is Hugh F. Boyle’s remaining Sierra Bancorp (BSRR) share ownership after this Form 4?

After the tax-withholding disposition, Boyle directly owns 33,470 shares of Sierra Bancorp common stock. This figure reflects his holdings immediately following the withholding of 794 shares to satisfy tax obligations on previously awarded restricted stock that vested.

Was the Sierra Bancorp (BSRR) Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 describes it as a tax-withholding disposition, where 794 shares of common stock were withheld by the company to pay taxes arising from the vesting of restricted stock awarded earlier.

At what price were the withheld Sierra Bancorp (BSRR) shares valued in the Form 4?

The withheld shares were valued at $36.09 per share in the Form 4 filing. This price was used to determine the value of the 794 common shares applied toward satisfying Hugh F. Boyle’s tax withholding obligations on his vesting restricted stock.

What role does Hugh F. Boyle hold at Sierra Bancorp (BSRR) in this Form 4 filing?

Hugh F. Boyle is Sierra Bancorp’s EVP and Chief Credit Officer, as disclosed in the Form 4. His reported transaction reflects a routine tax-withholding event tied to equity compensation, rather than a voluntary purchase or sale of common stock in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/25/2026 - 05:17 PM EST Learn about SEC filing dates

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^*

Boyle Hugh F

(Last) (First) (Middle)

86 NORTH 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP/Chief Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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	02/23/2026		F		794(1)	D	$36.09	33,470	D

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. Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded shares of restricted stock.

	Hugh F Boyle	02/24/2026
	** 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.
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