1,500 RSUs vest for TRICO BANCSHARES (TCBK) EVP amid tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRICO BANCSHARES EVP Chief Banking Officer Daniel K. Bailey reported equity compensation activity involving restricted stock units and common shares. On March 2, 2026, 1,500 restricted stock units vested and were converted into 1,500 shares of common stock at a vesting-date price of $48.36 per share, representing 33% of an award granted on March 1, 2024, including accumulated dividends.
To cover taxes from this vesting, 959 common shares were withheld at $48.36 per share as a tax-withholding disposition, rather than an open-market sale. After these transactions, Bailey directly held 58,103.41 common shares and also had an indirect interest in 11,831.95 common shares held through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,500 shares exercised/converted
Mixed
4 txns
Insider
BAILEY DANIEL K
Role
EVP Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,500 | $0.00 | -- |
| Exercise | Common Stock | 1,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 959 | $48.36 | $46K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 6,867 shares (Direct);
Common Stock — 59,062.41 shares (Direct);
Common Stock — 11,831.95 shares (Indirect, By ESOP)
Footnotes (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. Reflects shares withheld to pay toward tax liability.
FAQ
What insider transactions did TCBK executive Daniel K. Bailey report?
Daniel K. Bailey reported vesting of 1,500 restricted stock units into common stock and a related tax-withholding share disposition. These transactions reflect routine equity compensation activity rather than open-market buying or selling of TRICO BANCSHARES (TCBK) shares.