BSRR director reports 1,445-share restricted stock grant

Rhea-AI Filing Summary

Sierra Bancorp (BSRR) director Ermina Karim reported a new equity award. On 11/20/2025, she received 1,445 shares of Sierra Bancorp common stock as a time-based restricted stock grant under the company’s 2023 Equity Incentive Plan. The award was reported at a price of $0 per share, reflecting that it is a compensatory grant rather than an open‑market purchase. Following this transaction, she beneficially owns 6,702 shares of Sierra Bancorp common stock held directly. The restricted shares vest in one year and are subject to forfeiture upon certain events described in the grant agreement.

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

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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^*

Karim Ermina

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

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	11/20/2025		A		1,445	A	$0(1)	6,702	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. 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.

	/s/ Ermina Karim	11/21/2025
	** 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 Sierra Bancorp (BSRR) report for Ermina Karim?

Director Ermina Karim reported receiving an award of 1,445 shares of Sierra Bancorp common stock as time-based restricted stock on 11/20/2025.

What type of shares were granted to the Sierra Bancorp (BSRR) director?

The grant consists of time-based restricted stock issued under Sierra Bancorp’s 2023 Equity Incentive Plan, subject to vesting and forfeiture terms.

What was the reported price for the Sierra Bancorp (BSRR) restricted stock award?

The 1,445 restricted shares were reported at a price of $0 per share, indicating a compensatory equity award rather than a market purchase.

How many Sierra Bancorp (BSRR) shares does the director own after this transaction?

After the reported award, director Ermina Karim beneficially owns 6,702 shares of Sierra Bancorp common stock, held directly.

When do the Sierra Bancorp (BSRR) restricted shares granted to the director vest?

The 1,445 restricted shares vest in one year, subject to forfeiture if certain events specified in the underlying grant agreement occur.

Under which plan was the Sierra Bancorp (BSRR) restricted stock awarded?

The time-based restricted stock granted to director Ermina Karim was issued under Sierra Bancorp’s 2023 Equity Incentive Plan.