STOCK TITAN

Trico Bancshares (NASDAQ: TCBK) CRO logs RSU vesting and tax-withheld shares

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

Rhea-AI Filing Summary

TRICO BANCSHARES Chief Risk Officer Angela Tamara Rudd reported routine equity compensation activity. On June 12, 2026, 245 Restricted Stock Units vested and converted into 245 shares of Common Stock, reflecting 33% vesting of an award granted on June 12, 2023, including accumulated dividends.

The price per share on the vesting date was $52.64. To cover tax obligations, 78 shares were withheld in a tax-withholding disposition, leaving Rudd with 5,005.2622 shares of Common Stock held directly. She also reports 2,690.9300 Common Stock shares held indirectly through an ESOP, with no open-market purchases or sales disclosed.

Positive

  • None.

Negative

  • None.
Insider Rudd Angela Tamara
Role Chief Risk Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 245 $0.00 --
Exercise Common Stock 245 $0.00 --
Tax Withholding Common Stock 78 $52.64 $4K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Unit — 1,808 shares (Direct, null); Common Stock — 5,083.262 shares (Direct, null); Common Stock — 2,690.93 shares (Indirect, ESOP)
Footnotes (1)
  1. 33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 6/12/2023. Price per share on vesting date (6/12/2026) was $52.64 Reflects shares withheld to pay toward tax liability.
RSUs vested 245 shares Restricted Stock Units converting to Common Stock on June 12, 2026
Tax-withheld shares 78 shares Shares withheld to pay toward tax liability
Vesting date price $52.64 per share Common Stock price on June 12, 2026 vesting date
Direct holdings after transaction 5,005.2622 shares Common Stock held directly following transactions
Indirect ESOP holdings 2,690.9300 shares Common Stock held indirectly through ESOP
Derivative exercise shares 245 shares Common Stock acquired via RSU conversion (code M)
Restricted Stock Unit financial
"security_title": "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
ESOP financial
"nature_of_ownership": "ESOP""
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Rudd Angela Tamara

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

(Street)
CHICO CALIFORNIA 95973

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TRICO BANCSHARES / [ TCBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026M245A(1)5,083.2622D
Common Stock06/12/2026F(2)78D$52.645,005.2622D
Common Stock2,690.93IESOP
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)06/12/2026M245 (1) (1)Common Stock245$01,808D
Explanation of Responses:
1. 33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 6/12/2023. Price per share on vesting date (6/12/2026) was $52.64
2. Reflects shares withheld to pay toward tax liability.
Remarks:
/s/Angela Rudd by Janine Howard, Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TCBK Chief Risk Officer Angela Rudd report?

Angela Rudd reported routine equity compensation activity, not an open-market trade. 245 Restricted Stock Units vested into Common Stock, and some shares were withheld for taxes, reflecting standard compensation and tax-settlement mechanics rather than discretionary buying or selling.

How many Trico Bancshares (TCBK) RSUs vested for Angela Rudd?

245 Restricted Stock Units vested for Angela Rudd and converted into 245 Common Stock shares. The vesting represents 33% of a Restricted Stock Unit award granted on June 12, 2023, and includes accumulated dividends credited to that award over time.

At what price did Angela Rudd’s TCBK RSUs vest on June 12, 2026?

The vested RSUs are tied to a share price of $52.64 on June 12, 2026. This price reflects the Common Stock value on the vesting date used for valuing the vested units and determining related tax-withholding requirements.

How many TCBK shares were withheld for Angela Rudd’s tax liabilities?

78 shares of Trico Bancshares Common Stock were withheld to help pay Angela Rudd’s tax liability. This withholding is recorded as a tax-withholding disposition and is a standard non-market mechanism rather than an open-market sale of shares.

What are Angela Rudd’s direct and indirect TCBK share holdings after the Form 4?

After the reported transactions, Angela Rudd holds 5,005.2622 shares of Common Stock directly. She also has 2,690.9300 shares reported as held indirectly through an ESOP, reflecting both personal and employee-plan-related ownership positions in Trico Bancshares.