TRICO BANCSHARES (TCBK) director adds stock through RSU vesting and new grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

TRICO BANCSHARES director John S A Hasbrook reported equity compensation activity involving restricted stock units (RSUs). On May 22, 2026, 2,178 RSUs (including accumulated dividends) vested and converted into the same number of common shares on a one-for-one basis at a per-share value of $50.68, increasing his directly held common stock to 66,812.84 shares. On May 21, 2026, he also received a new award of 1,676 RSUs, which vest 100% on May 21, 2027, with cash dividends on these RSUs to be reinvested in additional shares at fair market value; the per-unit value at grant was $50.11, based on the 30-day average closing price of the company’s common stock.

Insider Trade Summary

2,178 shares exercised/converted

Mixed 3 txns

Insider Hasbrook John S A

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	2,178	$0.00	--
Exercise	Common Stock	2,178	$0.00	--
Grant/Award	Restricted Stock Unit	1,676	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); Common Stock — 66,812.84 shares (Direct, null)

Footnotes (1)

Represents the conversion upon vesting of Restricted Stock Units, including accumulated dividends, into common stock on a one for one basis. RSUs were granted on 5/22/2025. Price per share on vesting date (5/22/2026) is $50.68. Represents a grant of Restricted Stock Unit (RSU) award. 100% of the shares vest on 5/21/27. Cash dividends on RSUs are reinvested in shares of Issuers common stock of the Issuer at fair market value on date of dividend payment. Per unit value on date of grant was $50.11 (based on the 30-day average closing price of Issuers common stock ending 5/21/26).

Key Figures

RSUs vested: 2,178 units Per-share value at vesting: $50.68 Shares held after vesting: 66,812.84 shares +3 more

6 metrics

RSUs vested 2,178 units Converted into common stock on May 22, 2026

Per-share value at vesting $50.68 Value of common stock on RSU vesting date May 22, 2026

Shares held after vesting 66,812.84 shares Direct common stock ownership following RSU conversion

New RSU grant 1,676 units Restricted Stock Unit award granted May 21, 2026

Grant-date RSU value $50.11 per unit Based on 30-day average closing price ending May 21, 2026

RSU vesting date May 21, 2027 100% vesting date for 1,676-unit RSU award

Key Terms

Restricted Stock Unit, RSU award, one for one basis, fair market value, +1 more

5 terms

Restricted Stock Unit financial

"Represents the conversion upon vesting of Restricted Stock Units, including accumulated dividends, into common stock on a one for one basis."

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.

RSU award financial

"Represents a grant of Restricted Stock Unit (RSU) award. 100% of the shares vest on 5/21/27."

one for one basis financial

"conversion upon vesting of Restricted Stock Units, including accumulated dividends, into common stock on a one for one basis."

fair market value financial

"Cash dividends on RSUs are reinvested in shares of Issuers common stock of the Issuer at fair market value on date of dividend payment."

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

30-day average closing price financial

"Per unit value on date of grant was $50.11 (based on the 30-day average closing price of Issuers common stock ending 5/21/26)."

Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 02:26 PM

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^*

Hasbrook John S A

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/22/2026		M		2,178	A	⁽¹⁾	66,812.84	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	05/22/2026		M			2,178	⁽¹⁾	⁽¹⁾	Common Stock	2,178	$0	0	D
Restricted Stock Unit	⁽²⁾	05/21/2026		A		1,676		⁽²⁾	⁽²⁾	Common Stock	1,676	⁽²⁾	1,676	D

Explanation of Responses:

1. Represents the conversion upon vesting of Restricted Stock Units, including accumulated dividends, into common stock on a one for one basis. RSUs were granted on 5/22/2025. Price per share on vesting date (5/22/2026) is $50.68.

2. Represents a grant of Restricted Stock Unit (RSU) award. 100% of the shares vest on 5/21/27. Cash dividends on RSUs are reinvested in shares of Issuers common stock of the Issuer at fair market value on date of dividend payment. Per unit value on date of grant was $50.11 (based on the 30-day average closing price of Issuers common stock ending 5/21/26).

Remarks:

	/s/John Hasbrook by Janine Howard, Attorney-in-Fact	05/26/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did TCBK director John S A Hasbrook report?

John S A Hasbrook reported equity compensation activity, not open-market trades. 2,178 restricted stock units vested into common stock, and he received a new grant of 1,676 RSUs. These transactions reflect stock-based compensation rather than discretionary share purchases or sales.

How many TRICO BANCSHARES shares does Hasbrook hold after these Form 4 transactions?

After the RSU vesting, Hasbrook directly holds 66,812.84 shares of TRICO BANCSHARES common stock. This figure reflects the addition of 2,178 shares from vested RSUs converted on a one-for-one basis, as reported in the Form 4 insider filing for May 22, 2026.

What are the details of Hasbrook’s new RSU grant at TCBK?

Hasbrook received a grant of 1,676 restricted stock units on May 21, 2026. All of these RSUs vest on May 21, 2027. Cash dividends on the RSUs will be reinvested in additional shares at fair market value, with a grant-date per-unit value of $50.11.

At what value did Hasbrook’s TRICO BANCSHARES RSUs vest into common stock?

The 2,178 restricted stock units vested and converted into common stock at a per-share value of $50.68 on May 22, 2026. The filing notes this value on the vesting date and confirms a one-for-one conversion into TRICO BANCSHARES common shares.

Do Hasbrook’s reported TCBK transactions involve open-market buying or selling?

The reported transactions are equity compensation events, not open-market trades. They include the vesting and conversion of 2,178 RSUs into common stock and a new grant of 1,676 RSUs. No open-market purchases or sales of TRICO BANCSHARES shares are disclosed.