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Sierra Bancorp (BSRR) director Albert L. Berra reported receiving an equity grant in the company’s common stock. On 11/20/2025, he acquired 1,445 shares of common stock in a transaction coded as an acquisition. These shares are described as a time-based restricted stock award under Sierra Bancorp’s 2023 Equity Incentive Plan and will vest in one year, subject to forfeiture if certain conditions in the grant agreement are not met. Following this grant, Berra reports beneficial ownership of 11,139 shares held directly, plus additional indirect holdings through a profit sharing plan, a limited partnership, and by his spouse.
Sierra Bancorp (BSRR)
After this award, the director beneficially owns 8,203 shares directly and 2,000 shares indirectly. The restricted shares vest in one year and are subject to forfeiture if certain conditions in the grant agreement are not met.
Sierra Bancorp (BSRR) executive Christopher G. Treece, EVP and Chief Financial Officer, reported a Form 4 insider transaction. On November 18, 2025, he disposed of 1,918 shares of Sierra Bancorp common stock at $28.59 per share, and held 33,860 shares directly after the transaction.
The filing explains that performance awards granted on November 18, 2022 included 3,517 target shares and 1,759 excess shares for exceeding performance goals. Of these excess shares, 844 shares vested on November 18, 2025, while the remaining 915 excess shares were not earned because performance criteria were not met and were forfeited on that date.
Sierra Bancorp reported an insider equity transaction involving its EVP and Chief Financial Officer, Christopher G. Treece. On 11/16/2025, 583 shares of common stock were withheld at $29.38 per share to cover tax obligations tied to the vesting of previously granted restricted stock. On 11/18/2025, an additional 516 shares were withheld at $28.59 per share for the same purpose.
After these tax-withholding transactions, Treece directly beneficially owned 35,778 shares of Sierra Bancorp common stock. These Form 4 disclosures reflect routine equity award and tax settlement activity rather than open-market buying or selling.
Sierra Bancorp (BSRR)13,990 shares of common stock as restricted stock under the company’s 2023 Stock Incentive Plan at a stated price of $0 per share.
The restricted shares vest in five equal annual installments on each anniversary of the grant date, meaning the executive earns a portion of the award each year over a five-year period. The award is subject to forfeiture if certain events occur as described in the underlying grant agreement, and no cash consideration was paid by the executive for this stock grant.
Sierra Bancorp executive Michael Olague, EVP/Chief Banking Officer, reported share movements in a Form 4 related mainly to tax withholding on vested equity awards, not open-market trades. On November 16, 2025, 673 shares of common stock were withheld at $29.38 per share, and on November 18, 2025 a further 596 and 2,216 shares were withheld at $28.59 per share, all coded as “F” for tax withholding. After these transactions, he directly beneficially owned 21,429 shares of Sierra Bancorp common stock. The filing also notes that of certain performance awards issued on November 18, 2022, 915 excess performance shares were not earned because performance criteria were not achieved and were therefore forfeited on November 18, 2025.
Sierra Bancorp President and CEO Kevin J. McPhaill reported routine equity award activity involving the company’s common stock. On November 16, 2025, he had 1,122 shares of common stock withheld at $29.38 per share to cover tax obligations tied to vesting restricted stock. On November 18, 2025, he had an additional 993 shares and 3,693 shares withheld at $28.59 per share for similar tax withholding related to vested restricted and performance-based awards, and directly owned 57,486 shares after these transactions. The filing notes that of earlier performance awards granted in 2022, 1,406 excess performance shares vested on November 18, 2025, while 1,525 excess performance shares did not meet performance criteria and were forfeited.
Sierra Bancorp executive Hugh F. Boyle, EVP/Chief Credit Officer, reported stock transactions on a Form 4 related to equity compensation. On 11/16/2025 and 11/18/2025, the company withheld 673, 596, and 2,216 shares of common stock, respectively, to cover tax obligations from vesting restricted stock and performance awards. Following these transactions, Boyle directly owned 29,811 shares of Sierra Bancorp common stock. The filing also notes that from a prior performance award granted in 2022, 915 excess performance shares were not earned and were forfeited on 11/18/2025 because remaining performance criteria were not achieved.
Sierra Bancorp (BSRR)11/17/2025 on a Form 4. The filing shows a purchase of 400 shares of common stock at a price of $28.7783 per share, coded as an open market or private purchase. The same day, the director also reported a disposition of 400 shares of common stock at $28.7783 per share, coded as a gift.
After these transactions, the director is shown as directly beneficially owning 4,870 shares of Sierra Bancorp common stock, with an additional 500 shares reported as indirectly owned through a spouse. The filing is made by a single reporting person in the capacity of director, documenting changes in personal ownership rather than company-level financing activity.
Sierra Bancorp, the parent company of Bank of the Sierra, announced that its President and CEO Kevin J. McPhaill and Executive Vice President and CFO Christopher G. Treece will participate in the Keefe, Bruyette & Woods Virtual West Coast Bank Field Trip on November 19, 2025. At this conference, they plan to meet with current and prospective investors to discuss the business. A copy of the investor presentation that will be used at the event is available on the company’s website at www.sierrabancorp.com. The information is furnished under Regulation FD and is not deemed filed for liability purposes under the Exchange Act.