Director Albert Berra boosts Sierra Bancorp (BSRR) stake via 5,000-share option exercise

Rhea-AI Filing Summary

Sierra Bancorp director Albert L. Berra exercised stock options for 5,000 shares of common stock on February 17, 2026. The options were exercised at a price of $17.25 per share, increasing one of his direct common stock holdings to 147,843 shares.

The filing also lists additional common stock holdings reported as indirect ownership through the Albert Berra DDS Profit Sharing Plan, Berra Investments, A Limited Partnership, and by spouse, along with another direct common stock account, providing a fuller picture of his overall stake in Sierra Bancorp.

Insider Trade Summary

5,000 shares exercised/converted

Mixed 6 txns

Insider BERRA ALBERT L

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Options	5,000	$0.00	--
Exercise	Common Stock	5,000	$17.25	$86K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options — 0 shares (Direct); Common Stock — 147,843 shares (Direct); Common Stock — 22,036 shares (Indirect, Albert Berra Dds Profit Sharing Plan)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

BERRA ALBERT L

(Last) (First) (Middle)

86 N. 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		M		5,000	A	$17.25	147,843	D
Common Stock								22,036	I	Albert Berra Dds Profit Sharing Plan
Common Stock								80,704.225	I	Berra Investments, A Limited Partnership
Common Stock								19,093	I	By Spouse
Common Stock								11,139	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
Stock Options	$17.25	02/17/2026		M			5,000	02/18/2016	02/18/2026	Common Stock	5,000	$0	0	D

Explanation of Responses:

	/s/ Albert L. Berra	02/17/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BSRR director Albert L. Berra report?

Albert L. Berra reported exercising stock options for 5,000 Sierra Bancorp shares. This option exercise converted derivative securities into common stock, reflecting an increase in his equity exposure through direct ownership rather than an open-market purchase or sale transaction.

At what price did Albert L. Berra exercise Sierra Bancorp (BSRR) options?

He exercised 5,000 stock options at a price of $17.25 per share. This transaction transformed option rights into common stock, updating his reported direct holdings and demonstrating the use of previously granted equity compensation.

How many Sierra Bancorp shares does Albert L. Berra hold directly after the option exercise?

One of Albert L. Berra’s direct common stock positions increased to 147,843 shares after exercising 5,000 options. The Form 4 also shows another separate direct common stock holding account with 11,139 shares reported as of the same transaction date.

What indirect Sierra Bancorp (BSRR) holdings are reported for Albert L. Berra?

Indirect holdings are reported through the Albert Berra DDS Profit Sharing Plan, Berra Investments, A Limited Partnership, and by spouse. Each is listed separately with its own share balance, indicating multiple indirect ownership channels associated with the director.

Does the Form 4 for BSRR show any stock sales by Albert L. Berra?

The filing shows an option exercise classified as an acquisition, not an open-market sale. It reports the conversion of stock options into common shares and updated direct and indirect ownership balances, without listing any sale transactions in this disclosure.