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TriCo Bancshares (TCBK) EVP records 11,000-share ESOP payout

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

Rhea-AI Filing Summary

TriCo Bancshares executive vice president and Chief Credit Officer Craig B. Carney reported an in-service distribution from the company’s Employee Stock Ownership Plan on February 6, 2026. The ESOP account associated with him disposed of 11,000 shares of common stock at $52.23 per share, and he received cash equal to the closing stock price for those shares, which were moved to an IRA.

Following this transaction, his indirect ESOP holding is 9,898.03 shares. He also directly holds 37,150 common shares and indirectly holds 163.81 shares through his daughter.

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*
CARNEY CRAIG B

(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 Credit Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
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 02/06/2026 J(1) 11,000 D $52.23 9,898.03 I By ESOP
Common Stock 37,150 D
Common Stock 163.81 I By daughter
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. In service distribution from TriCo Bancshares Employee Stock Ownership Plan (ESOP) to IRA. Reporting person received cash from the ESOP equal to closing price of Issurer common stock on 02-06-2026.
Remarks:
/s/Craig Carney by Janine Howard, Attorney-in-Fact 02/07/2026
** 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 transaction did TriCo Bancshares (TCBK) report for Craig B. Carney?

TriCo Bancshares reported that EVP Chief Credit Officer Craig B. Carney’s ESOP account disposed of 11,000 common shares at $52.23 on February 6, 2026, as an in-service distribution to an IRA, with cash received equal to the closing stock price.

How many TriCo Bancshares (TCBK) shares were distributed from the ESOP?

The ESOP account associated with Craig B. Carney distributed 11,000 TriCo Bancshares common shares. The transaction was coded “J” and described as an in-service distribution from the Employee Stock Ownership Plan to an IRA, with cash equal to the closing stock price paid out.

What price per share was used in Craig B. Carney’s ESOP distribution at TriCo Bancshares (TCBK)?

The ESOP distribution used a price of $52.23 per TriCo Bancshares common share. The filing states the reporting person received cash from the ESOP equal to the issuer’s common stock closing price on February 6, 2026, for the 11,000 distributed shares.

How many TriCo Bancshares (TCBK) shares does Craig B. Carney hold after the reported transaction?

After the transaction, Craig B. Carney’s ESOP account shows 9,898.03 indirectly held shares. He also directly owns 37,150 TriCo Bancshares common shares and indirectly holds 163.81 shares through his daughter, according to the reported post-transaction holdings.

What does the Form 4 footnote say about the TriCo Bancshares (TCBK) ESOP transaction?

The footnote explains the transaction as an in-service distribution from the TriCo Bancshares Employee Stock Ownership Plan to an IRA. It notes the reporting person received cash from the ESOP equal to the closing price of the issuer’s common stock on February 6, 2026.

What is Craig B. Carney’s role at TriCo Bancshares (TCBK) in this Form 4 filing?

The Form 4 identifies Craig B. Carney as an officer of TriCo Bancshares, serving as Executive Vice President and Chief Credit Officer. The filing reports changes in his beneficial ownership of the company’s common stock through the ESOP and other holdings.
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