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TRICO Bancshares (NASDAQ: TCBK) CFO reports RSU vesting and tax share withholding

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

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.
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*
Wiese Peter G

(Last) (First) (Middle)
63 CONSTITUTION DRIVE

(Street)
CHICO CA 95973

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRICO BANCSHARES / [ TCBK ]
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)
03/02/2026
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 03/02/2026 M 1,966 A (1) 49,466 D
Common Stock 03/02/2026 F 966(2) D $48.36 48,500 D
Common Stock 1,761.43 I By ESOP
Common Stock 2,700 I By family trust
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
Restricted Stock Unit (1) 03/02/2026 M 1,966 (1) (1) Common Stock 1,966 $0 9,001 D
Explanation of Responses:
1. 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.
2. Reflects shares withheld to pay toward tax liability.
Remarks:
/s/Peter Wiese by Janine Howard, Attorney-in-Fact 03/04/2026
** 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 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.

How many TRICO Bancshares (TCBK) RSUs vested for the CFO in this Form 4?

The filing shows 1,966 Restricted Stock Units vested for CFO Peter Wiese. This represented 33% of an RSU award granted on March 1, 2024, including accumulated dividends, at a vesting-date price of $48.36 per share.

Did the TCBK CFO sell shares in the open market in this Form 4?

The Form 4 does not show an open-market sale. Instead, 966 shares of common stock were disposed of to satisfy tax withholding obligations related to RSU vesting, a common administrative step for equity compensation.

What are Peter Wiese’s TRICO Bancshares share holdings after these transactions?

After the reported transactions, Peter Wiese directly held 48,500 common shares and 9,001 Restricted Stock Units. He also had indirect ownership of additional common shares through an ESOP and a family trust, as disclosed.

What price per share is referenced in the TCBK CFO’s RSU vesting disclosure?

The RSU vesting is tied to a $48.36 per share price on March 2, 2026. This figure reflects the company’s share price used in the footnote describing the vesting and related tax withholding calculations.
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