Trico Bancshares EVP exercises RSUs, pays tax in stock

Trico Bancshares EVP Chief Banking Officer Daniel K. Bailey exercised 1,608 Restricted Stock Units into common stock on June 12, 2026, with 943 shares withheld to cover tax obligations at $52.64 per share.

Rhea-AI Filing Summary

Trico Bancshares EVP Chief Banking Officer Daniel K. Bailey exercised 1,608 Restricted Stock Units into common stock on June 12, 2026, with 943 shares withheld to cover tax obligations at $52.64 per share. After these transactions, he holds 59,292.41 shares of common stock directly, 11,831.95 shares indirectly through an ESOP, and 7,944 Restricted Stock Units remain outstanding.

Insider Trade Summary

1,608 shares exercised/converted

Exercise 4 txns

Insider BAILEY DANIEL K

Role EVP Chief Banking Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,608	$0.00	$0.00
Exercise	Common Stock	1,608	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	943	$52.64	$50K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Unit — 7,944 contracts (Direct); Common Stock — 59,292.41 shares (Direct); Common Stock — 11,831.95 shares (Indirect, By ESOP)

Footnotes (2)

1. F1. 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. F2. Reflects shares withheld to pay toward tax liability.

Key Figures

RSUs exercised: 1,608 shares Shares withheld for taxes: 943 shares Tax price: $52.64 per share +3 more

6 metrics

RSUs exercised 1,608 shares Restricted Stock Units converted into common stock on 2026-06-12

Shares withheld for taxes 943 shares Common stock withheld to pay tax liability at $52.64 per share

Tax price $52.64 per share Price per share on RSU vesting date 06/12/2026 noted in footnote

Direct holdings 59,292.41 shares Common stock held directly by Daniel K. Bailey after reported transactions

Indirect ESOP holdings 11,831.95 shares Common stock held indirectly through an ESOP after reported transactions

RSUs remaining 7,944 units Restricted Stock Units remaining after the 1,608-unit exercise on 2026-06-12

Key Terms

Restricted Stock Unit, Exercise or conversion of derivative security, tax-withholding disposition, ESOP

4 terms

Restricted Stock Unit financial

"Security title listed as 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.

Exercise or conversion of derivative security financial

"Transaction code description: Exercise or conversion of derivative security"

tax-withholding disposition financial

"Transaction action labeled as 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.

ESOP financial

"Nature of ownership noted as By 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Daniel K. Bailey report for TCBK?

Daniel K. Bailey reported exercising 1,608 Restricted Stock Units into Trico Bancshares (TCBK) common stock on June 12, 2026, with a related tax-withholding disposition of shares rather than an open-market purchase or sale.

How many TCBK shares were acquired and withheld in Daniel K. Bailey’s Form 4?

He acquired 1,608 shares of Trico Bancshares common stock from RSU vesting, while 943 shares were withheld to pay tax obligations at a price of $52.64 per share on the vesting date.

What is Daniel K. Bailey’s direct TCBK shareholding after these transactions?

Following the reported RSU exercise and tax withholding, Daniel K. Bailey directly holds 59,292.41 shares of Trico Bancshares common stock, as reflected in the reported post-transaction direct ownership position.

Does Daniel K. Bailey hold Trico Bancshares (TCBK) shares indirectly?

Yes. In addition to his direct holdings, Daniel K. Bailey holds 11,831.95 shares of Trico Bancshares common stock indirectly through an ESOP, according to the reported indirect ownership entry.

Were Daniel K. Bailey’s TCBK transactions under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox as not selected, so these Trico Bancshares transactions are not reported as being made pursuant to a pre-arranged Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/15/2026 - 05:13 PM Learn about SEC filing dates

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^*

BAILEY DANIEL K

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Chief Banking 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/12/2026		M		1,608	A	(1)	60,235.41	D
Common Stock	06/12/2026		F		943(2)	D	$52.64	59,292.41	D
Common Stock								11,831.95	I	By ESOP

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)	06/12/2026		M			1,608	(1)	(1)	Common Stock	1,608	$0	7,944	D

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/Daniel Bailey by Janine Howard, Attorney-in-Fact	06/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)