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BSRR insider Form 4 shows 1,445-share restricted stock grant

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sierra Bancorp (BSRR) director reports equity award

A director of Sierra Bancorp reported receiving 1,445 shares of common stock on 11/20/2025 as an award of time-based restricted stock under the company’s 2023 Equity Incentive Plan. The award was recorded at a price of $0, reflecting that it was a grant rather than an open‑market purchase, and will vest in one year, subject to forfeiture under conditions described in the grant agreement. Following this award, the reporting person holds 6,702 shares of Sierra Bancorp common stock directly and 2,000 shares indirectly through Chrisman and Associates, LLC.

Positive

  • None.

Negative

  • None.
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*
Gil Michele M

(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
Common Stock 2,493 D
Common Stock 2,000 I Chrisman and Associates, LLC
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/ Michele M Gil 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 did the Sierra Bancorp (BSRR) Form 4 report on 11/20/2025?

The Form 4 reports that a Sierra Bancorp director received an award of 1,445 shares of common stock as time-based restricted stock on 11/20/2025 under the 2023 Equity Incentive Plan.

What type of equity award did the Sierra Bancorp (BSRR) director receive?

The director received an award of time-based restricted stock, which vests in one year and is subject to possible forfeiture under conditions in the award agreement.

At what price was the Sierra Bancorp (BSRR) restricted stock award recorded?

The 1,445 restricted shares were reported at a price of $0, indicating a grant rather than a purchase in the market.

How many Sierra Bancorp (BSRR) shares does the reporting person own after the transaction?

After the reported transaction, the director beneficially owns 6,702 shares of Sierra Bancorp common stock directly and 2,000 shares indirectly through Chrisman and Associates, LLC.

What plan governs the new Sierra Bancorp (BSRR) restricted stock award?

The award was granted under Sierra Bancorp’s 2023 Equity Incentive Plan and is subject to the terms and forfeiture conditions described in the related grant agreement.

What is the vesting schedule for the new Sierra Bancorp (BSRR) restricted stock?

The 1,445 restricted shares vest in one year, provided that the specified conditions in the underlying grant agreement are satisfied and no forfeiture events occur.

Sierra Bancorp

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419.44M
12.07M
10.33%
58.64%
0.95%
Banks - Regional
State Commercial Banks
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United States
PORTERVILLE