TRICO Bancshares (NASDAQ: TCBK) CFO reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
TRICO Bancshares Executive Vice President and Chief Financial Officer Peter G. Wiese reported equity award activity. On March 2, 2026, 1,966 Restricted Stock Units vested and converted into 1,966 shares of common stock at a vesting-date price of $48.36, representing 33% of an award granted on March 1, 2024, including accumulated dividends. To cover taxes, 966 common shares were withheld through a tax-withholding disposition rather than an open-market sale. Following these transactions, Wiese directly held 48,500 shares of common stock and 9,001 Restricted Stock Units, with additional indirect ownership of common shares through an ESOP and a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
5 txns
Insider
Wiese Peter G
Role
EVP Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,966 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,966 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 966 | $48.36 | $47K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 9,001 shares (Direct);
Common Stock — 48,500 shares (Direct);
Common Stock — 1,761.43 shares (Indirect, By ESOP);
Common Stock — 2,700 shares (Indirect, By family trust)
Footnotes (2)
- F1. 33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 3/01/2024. Price per share on vesting date (3/02/2026) was $48.36.
- F2. Reflects shares withheld to pay toward tax liability.
FAQ
What insider transactions did TCBK CFO Peter Wiese report on March 2, 2026?
Peter Wiese reported RSU vesting and related share withholding. 1,966 RSUs vested into common stock, and 966 shares were withheld to pay taxes. These transactions reflect equity compensation mechanics, not open-market buying or selling.
AI-generated analysis. How Rhea-AI works. Not financial advice.