Sierra Bancorp EVP has shares withheld for taxes

Sierra Bancorp executive Hugh F. Boyle reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Sierra Bancorp executive Hugh F. Boyle reported a routine tax-related share disposition. On the vesting of previously awarded restricted stock, 1,689 shares of common stock were withheld at $35.98 per share to satisfy tax withholding obligations, rather than being sold on the open market. After this withholding, Boyle’s directly owned stake stands at 31,781 common shares.

Insider Trade Summary

Exercise Price or Tax Liability: 1,689 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	1,689	$35.98	$61K

Holdings After Transaction: Common Stock — 31,781 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

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

Sierra Bancorp reported a tax-withholding disposition for EVP and Chief Credit Officer Hugh F. Boyle. 1,689 common shares from vested restricted stock were withheld to cover taxes, leaving him with direct ownership of 31,781 common shares.

Did Hugh F. Boyle sell Sierra Bancorp (BSRR) shares on the open market?

No, the Form 4 shows no open-market sale. Instead, 1,689 shares were withheld by the company to satisfy tax withholding obligations tied to the vesting of previously awarded restricted stock, a common administrative transaction.

How many Sierra Bancorp (BSRR) shares were withheld for Hugh F. Boyle’s taxes?

A total of 1,689 common shares were withheld to cover Hugh F. Boyle’s tax obligations. The withholding price was $35.98 per share, consistent with standard share-based compensation tax settlement practices for restricted stock vesting.

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

After the tax-withholding transaction, Hugh F. Boyle directly owns 31,781 Sierra Bancorp common shares. This figure reflects his holdings following the withholding of 1,689 vested restricted shares for tax purposes noted in the Form 4 filing.

What does transaction code F mean in the Sierra Bancorp (BSRR) Form 4?

Transaction code F indicates a tax-withholding disposition, not a regular sale. It means shares were delivered back to the issuer to pay exercise price or tax liabilities, here used to satisfy taxes on vested restricted stock for Hugh F. Boyle.

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Accepted by SEC EDGAR 03/04/2026 - 10:00 AM 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
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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)
03/01/2026

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	03/01/2026		F		1,689(1)	D	$35.98	31,781	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	03/03/2026
	** 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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