Sierra Bancorp director granted 1,445 restricted BSRR shares
Sierra Bancorp (BSRR) reported an insider equity award for one of its directors.
Rhea-AI Filing Summary
Sierra Bancorp (BSRR) reported an insider equity award for one of its directors. On 11/20/2025, the director received 1,445 shares of common stock as a time-based restricted stock grant under the company’s 2023 Equity Incentive Plan at a stated price of $0.
After this award, the director beneficially owns 8,203 shares directly and 2,000 shares indirectly. The restricted shares vest in one year and are subject to forfeiture if certain conditions in the grant agreement are not met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,445 | $0.00 | $0.00 |
| 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
What insider transaction did Sierra Bancorp (BSRR) report on this Form 4?
The filing reports that a Sierra Bancorp director received an award of 1,445 shares of common stock as time-based restricted stock on 11/20/2025 under the 2023 Equity Incentive Plan.
What type of equity award did the Sierra Bancorp (BSRR) director receive?
The director received a time-based restricted stock award pursuant to Sierra Bancorp’s 2023 Equity Incentive Plan, with shares vesting in one year.
Was the Sierra Bancorp (BSRR) Form 4 filed for one or multiple reporting persons?
The Form 4 was filed by one reporting person, as indicated in the individual filing section.
What conditions apply to the Sierra Bancorp (BSRR) restricted stock award?
The restricted stock award is subject to forfeiture upon the occurrence of certain events set out in the underlying grant agreement.
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