Trico Bancshares / (TCBK) EVP exercises RSUs, withholds shares for taxes

Rhea-AI Filing Summary

Trico Bancshares executive Craig B. Carney reported equity award activity. On March 2, 2026, he exercised 1,432 Restricted Stock Units that vested at a share price of $48.36, receiving the same number of common shares. Of these, 915 common shares were withheld to cover tax liabilities, leaving 37,667 common shares held directly, plus additional indirect holdings through an ESOP and his daughter.

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

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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)
03/02/2026

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	03/02/2026		M		1,432	A	(1)	38,582	D
Common Stock	03/02/2026		F		915(2)	D	$48.36	37,667	D
Common Stock								9,898.03	I	By ESOP
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
Restricted Stock Unit	(1)	03/02/2026		M			1,432	(1)	(1)	Common Stock	1,432	$0	6,555	D

Explanation of Responses:

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.

2. Reflects shares withheld to pay toward tax liability.

Remarks:

	/s/Craig Carney by Janine Howard, Attorney-in-Fact	03/04/2026
	** 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).
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FAQ

What insider transactions did TCBK executive Craig B. Carney report?

Craig B. Carney reported exercising 1,432 Restricted Stock Units into common stock and a related tax-withholding share disposition. These movements reflect equity award vesting and associated tax settlement, rather than an open-market purchase or sale of Trico Bancshares common stock.

How many Trico Bancshares shares does Craig B. Carney now hold directly?

After the reported transactions, Craig B. Carney holds 37,667 Trico Bancshares common shares directly. This figure reflects both the RSU conversion into common stock and the 915 shares withheld to pay tax obligations tied to the vesting event on March 2, 2026.

What was the price used for Craig B. Carney’s RSU vesting at TCBK?

The Restricted Stock Units vested using a share price of $48.36 on March 2, 2026. This price is referenced in the footnotes as the price per share on the vesting date and underlies the tax-withholding calculation on the 915 common shares delivered for taxes.

Why were 915 Trico Bancshares shares disposed of in Craig B. Carney’s Form 4?

The 915 Trico Bancshares common shares were withheld to pay toward Craig B. Carney’s tax liability. The filing classifies this as a tax-withholding disposition at $48.36 per share, rather than a discretionary open-market sale initiated by the executive.

Does Craig B. Carney report any indirect ownership of TCBK shares?

Yes. In addition to direct holdings, he reports indirect ownership of 9,898.03 Trico Bancshares common shares through an ESOP and 163.81 shares held by his daughter. These indirect positions are listed separately from his directly owned 37,667 common shares.