Sierra Bancorp (BSRR) CFO receives time- and performance-based stock

Rhea-AI Filing Summary

Sierra Bancorp’s EVP and Chief Financial Officer Christopher G. Treece reported stock awards rather than open‑market trades. On February 12, 2026, he acquired 4,518 shares of common stock as time-based restricted stock that vests ratably over three years under the 2023 Equity Incentive Plan.

He also received 2,432 shares of performance-based restricted stock, which may vest after three years depending on achievement of a specified performance goal. Both grants are priced at $0 per share as equity compensation and increase his directly held common stock to 39,895 shares.

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

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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^*

Treece Christopher G

(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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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	02/12/2026		A		4,518	A	$0(1)	37,463	D
Common Stock	02/12/2026		A		2,432	A	$0(2)	39,895	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 ratably over three years, subject to forfeiture upon the occurrence of certain events specified in the agreement underlying such grant.

2. Represents an award of performance-based restricted stock pursuant to a grant under the Issuer's 2023 Equity Incentive Plan, subject to forfeiture upon the occurrence of certain events specified in the agreement underlying such grant. The number of shares vesting at the end of three years will be calculated based upon the level of achievement of the performance goal specified in the agreement underlying such grant.

	/s/ Christopher G. Treece	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does the latest Form 4 for Sierra Bancorp (BSRR) report?

The Form 4 reports that CFO Christopher G. Treece received two stock awards on February 12, 2026. These are restricted common stock grants under Sierra Bancorp’s 2023 Equity Incentive Plan, increasing his directly held shares to 39,895 after the reported transactions.

How many Sierra Bancorp (BSRR) shares were granted to the CFO?

Christopher G. Treece was granted 4,518 shares of time-based restricted stock and 2,432 shares of performance-based restricted stock. Both awards are in Sierra Bancorp common stock and were recorded at $0 per share as equity compensation, not open‑market purchases.

What are the vesting terms of the Sierra Bancorp (BSRR) restricted stock awards?

The 4,518-share award is time-based restricted stock vesting ratably over three years. The 2,432-share award is performance-based restricted stock that vests after three years, with the final number of vested shares tied to a specified performance goal in the grant agreement.

Did the Sierra Bancorp (BSRR) CFO buy shares in the open market?

No, the transactions are coded as awards or other acquisitions at $0 per share. They represent equity compensation grants of restricted stock under the 2023 Equity Incentive Plan, not open‑market purchases or sales of Sierra Bancorp common stock by the CFO.

How did the Form 4 transactions change the CFO’s Sierra Bancorp (BSRR) holdings?

After the first restricted stock grant, his directly held common stock position rose to 37,463 shares. Following the second award, his direct beneficial ownership increased further to 39,895 shares, reflecting the cumulative effect of both time-based and performance-based stock grants.