TRICO BANCSHARES (TCBK) CFO logs RSU vesting, tax withholding and new PSU grants

Rhea-AI Filing Summary

TRICO BANCSHARES EVP and CFO Peter G. Wiese reported equity compensation activity in company stock. On March 30, 2026, 1,661 Restricted Stock Units vested and were converted into an equal number of common shares at a vesting-date price of $47.09, with 411 shares withheld to cover tax obligations. After these transactions, he directly held 49,750 common shares.

On March 27, 2026, he received a grant of 4,349 Restricted Stock Units that vest in roughly one-third increments over three years, with cash dividends reinvested at fair market value and a per-unit grant value of $48.12. He also received a 4,349-share performance stock unit award that cliff vests after three years between 0% and 150% of the target based on total stockholder return relative to the KBW Regional Banking Index. He also has indirect holdings through an ESOP and a family trust.

Insider Trade Summary

1,661 shares exercised/converted

Mixed 7 txns

Insider Wiese Peter G

Role EVP Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,661	$0.00	--
Exercise	Common Stock	1,661	$0.00	--
Tax Withholding	Common Stock	411	$47.09	$19K
Grant/Award	Restricted Stock Unit	4,349	$0.00	--
Grant/Award	Performance Stock Unit	4,349	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Unit — 11,758 shares (Direct); Common Stock — 50,161 shares (Direct); Performance Stock Unit — 20,433 shares (Direct); Common Stock — 1,761.43 shares (Indirect, By ESOP)

Footnotes (1)

1. 33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 3/28/2025. Price per share on vesting date (3/30/2026) was $47.09. Reflects shares withheld to pay toward tax liability. Represents a grant of Restricted Stock Unit (RSU) award which vests in 33.33% per year over three years. Cash dividends on RSUs are reinvested in shares of Issuers common stock at fair market value on date of dividend payment. Per unit value on date of grant was $48.12 (based on the 30-day average closing price of Issuers common stock ending 3/27/2026). Represents a grant of Performance-based restricted stock (PSU) award that cliff vests after 3 years between 0%-150% of the target number of shares (the number of shares listed in box 5) based on the Issuers total stockholder return relative to the KBW Regional Banking Index.

Key Figures

RSUs vested: 1,661 units Vesting price: $47.09 per share Shares withheld for tax: 411 shares +5 more

8 metrics

RSUs vested 1,661 units 33% vesting of RSU award on March 30, 2026

Vesting price $47.09 per share Price per share on RSU vesting date March 30, 2026

Shares withheld for tax 411 shares Shares delivered to pay tax liability on vesting

Direct common shares held 49,750 shares Direct ownership after transactions on March 30, 2026

New RSU grant 4,349 units RSU award granted March 27, 2026, vesting over three years

New PSU grant 4,349 units Performance-based stock units cliff vesting after three years

RSU grant value $48.12 per unit Per-unit value based on 30-day average closing price ending March 27, 2026

PSU payout range 0%–150% of target Based on relative TSR versus KBW Regional Banking Index

Key Terms

Restricted Stock Unit, Performance-based restricted stock (PSU) award, ESOP, family trust, +2 more

6 terms

Restricted Stock Unit financial

"33% vesting of Restricted Stock Unit award, including accumulated dividends"

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.

Performance-based restricted stock (PSU) award financial

"Represents a grant of Performance-based restricted stock (PSU) award that cliff vests"

ESOP financial

"Common Stock ... total_shares_following_transaction: 1761.4300 ... nature_of_ownership: 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.

family trust financial

"Common Stock ... total_shares_following_transaction: 2700.0000 ... nature_of_ownership: By family trust"

KBW Regional Banking Index financial

"based on the Issuers total stockholder return relative to the KBW Regional Banking Index"

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

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.

Form 4 Insider Transactions: What Each Field Means →

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 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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

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	03/30/2026		M		1,661	A	(1)	50,161	D
Common Stock	03/30/2026		F		411(2)	D	$47.09	49,750	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	(3)	03/27/2026		A		4,349		(3)	(3)	Common Stock	4,349	$0	13,419	D
Performance Stock Unit	(4)	03/27/2026		A		4,349		(4)	(4)	Common Stock	4,349	$0	20,433	D
Restricted Stock Unit	(1)	03/30/2026		M			1,661	(1)	(1)	Common Stock	1,661	$0	11,758	D

Explanation of Responses:

1. 33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 3/28/2025. Price per share on vesting date (3/30/2026) was $47.09.

2. Reflects shares withheld to pay toward tax liability.

3. Represents a grant of Restricted Stock Unit (RSU) award which vests in 33.33% per year over three years. Cash dividends on RSUs are reinvested in shares of Issuers common stock at fair market value on date of dividend payment. Per unit value on date of grant was $48.12 (based on the 30-day average closing price of Issuers common stock ending 3/27/2026).

4. Represents a grant of Performance-based restricted stock (PSU) award that cliff vests after 3 years between 0%-150% of the target number of shares (the number of shares listed in box 5) based on the Issuers total stockholder return relative to the KBW Regional Banking Index.

Remarks:

	/s/Peter Wiese by Janine Howard, Attorney-in-Fact	03/31/2026
	** 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)

FAQ

What insider transactions did TCBK CFO Peter Wiese report?

Peter Wiese reported RSU vesting, new equity awards, and tax withholding. 1,661 RSUs vested into common stock, 4,349 RSUs and 4,349 performance stock units were granted, and 411 shares were withheld to cover taxes.

How many TRICO BANCSHARES (TCBK) shares does the CFO hold after these transactions?

After the reported transactions, the CFO directly holds 49,750 common shares. He also has indirect holdings of 1,761.43 shares through an ESOP and 2,700 shares through a family trust, according to the filing’s ownership details.

What equity awards did TCBK grant its CFO on March 27, 2026?

On March 27, 2026, the CFO received 4,349 Restricted Stock Units and 4,349 performance-based stock units. The RSUs vest in roughly equal annual installments over three years, while the performance units cliff vest after three years based on relative total stockholder return.

How do the new TCBK RSUs granted to the CFO vest over time?

The new RSU award vests in 33.33% increments per year over three years. Cash dividends on these RSUs are reinvested into additional shares at fair market value on each dividend payment date, increasing the total units over time.

How are TCBK performance stock units for the CFO determined at vesting?

The performance stock units cliff vest after three years at between 0% and 150% of the target 4,349 shares. The final number depends on TRICO BANCSHARES’ total stockholder return relative to the KBW Regional Banking Index over the performance period.

Were any of the TCBK CFO’s shares sold on the open market?

The filing shows 411 shares were disposed of to cover tax liabilities at $47.09 per share, coded as a tax-withholding transaction. This reflects shares delivered to satisfy taxes, not an open-market sale initiated for portfolio reasons.