Sierra Bancorp EVP has 653 shares withheld for taxes
Sierra Bancorp executive Natalia M. Coen, EVP and Chief Risk Officer, reported a tax-withholding disposition of 653 shares of common stock at $36.09 per share in connection with the vesting of previously awarded restricted stock.
Rhea-AI Filing Summary
Sierra Bancorp executive Natalia M. Coen, EVP and Chief Risk Officer, reported a tax-withholding disposition of 653 shares of common stock at $36.09 per share in connection with the vesting of previously awarded restricted stock. After this withholding, she directly holds 26,836 shares of Sierra Bancorp common stock.
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Insider Trade Summary
Exercise Price or Tax Liability: 653 shares
Exercise Price or Tax Liability
1 txn
Insider
Coen Natalia M
Role
EVP/CRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 653 | $36.09 | $24K |
Holdings After Transaction:
Common Stock — 26,836 shares (Direct)
Footnotes (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
What insider transaction did Sierra Bancorp (BSRR) report for Natalia M. Coen?
Sierra Bancorp reported that EVP/CRO Natalia M. Coen had 653 common shares withheld to cover taxes on vested restricted stock. The Form 4 classifies this as a tax-withholding disposition, not an open-market sale of shares.
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 653 shares were withheld to cover tax obligations related to the vesting of previously awarded restricted stock.
What does transaction code F mean in the Sierra Bancorp (BSRR) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 653 Sierra Bancorp shares were withheld to satisfy tax withholding obligations when restricted stock previously awarded to Natalia Coen vested.
What role does Natalia M. Coen hold at Sierra Bancorp (BSRR)?
Natalia M. Coen serves as Executive Vice President and Chief Risk Officer at Sierra Bancorp. Her position is noted in the insider report, which records the tax-withholding disposition tied to the vesting of her restricted stock awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.