Sierra Bancorp director granted 1,445 restricted shares (BSRR)
Sierra Bancorp (BSRR) director Morris A. Tharp reported receiving an equity grant of 1,445 shares of common stock on 11/20/2025.
Rhea-AI Filing Summary
Sierra Bancorp (BSRR) director Morris A. Tharp reported receiving an equity grant of 1,445 shares of common stock on 11/20/2025. The filing shows these shares as acquired at a price of $0, reflecting a time-based restricted stock award rather than an open‑market purchase. Following this grant, Tharp beneficially owns 11,139 shares of Sierra Bancorp common stock directly.
The award was made under the company’s 2023 Equity Incentive Plan and is described as time-based restricted stock that vests in one year, subject to forfeiture if certain conditions in the grant agreement are not met. The form reports no derivative securities transactions, focusing solely on this non-derivative stock award and updated ownership position.
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 for Morris A. Tharp?
What type of equity award did Sierra Bancorp (BSRR) grant to its director?
Does this Sierra Bancorp (BSRR) Form 4 include any derivative securities transactions?
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