TriCo Bancshares (NASDAQ: TCBK) grants RSUs and PSUs to EVP Carney

Rhea-AI Filing Summary

TriCo Bancshares EVP and Chief Credit Officer Craig B. Carney reported routine equity compensation activity. On March 30, 2026, 33% of a prior Restricted Stock Unit award vested, converting 1,209 RSUs into common shares, with the vesting price noted as $47.09 per share. Of these, 709 shares were withheld to cover tax liabilities, leaving Carney with 38,167 common shares held directly. On March 27, 2026, he received new grants of 3,161 Restricted Stock Units that vest in roughly equal annual installments over three years and 3,161 performance-based stock units that cliff vest after three years based on total shareholder return relative to the KBW Regional Banking Index. He also has indirect holdings through an ESOP and shares held by a daughter.

Insider Trade Summary

1,209 shares exercised/converted

Mixed 7 txns

Insider CARNEY CRAIG B

Role EVP Chief Credit Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,209	$0.00	--
Exercise	Common Stock	1,209	$0.00	--
Tax Withholding	Common Stock	709	$47.09	$33K
Grant/Award	Restricted Stock Unit	3,161	$0.00	--
Grant/Award	Performance Stock Unit	3,161	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Unit — 8,558 shares (Direct); Common Stock — 38,876 shares (Direct); Performance Stock Unit — 14,876 shares (Direct); Common Stock — 9,898.03 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: 1,209 shares Shares withheld for taxes: 709 shares at $47.09 Direct common stock holding: 38,167 shares +5 more

8 metrics

RSUs vested 1,209 shares 33% vesting of prior RSU award on March 30, 2026

Shares withheld for taxes 709 shares at $47.09 Tax-withholding disposition on March 30, 2026

Direct common stock holding 38,167 shares Shares owned directly after March 30, 2026 transactions

New RSU grant 3,161 units Time-based RSU award granted March 27, 2026

New performance stock unit grant 3,161 units Performance-based award granted March 27, 2026

Indirect ESOP holding 9,898.03 shares Common stock held indirectly by ESOP as of March 27, 2026

Indirect holding by daughter 166.27 shares Common stock held indirectly by daughter as of March 27, 2026

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

Key Terms

Restricted Stock Unit, Performance-based restricted stock, cliff vests, KBW Regional Banking Index, +1 more

5 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 financial

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

Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.

cliff vests financial

"PSU award that cliff vests after 3 years between 0%-150% of the target"

KBW Regional Banking Index financial

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

tax liability financial

"Reflects shares withheld to pay toward tax liability"

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^*

CARNEY CRAIG B

(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 Credit 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		1,209	A	(1)	38,876	D
Common Stock	03/30/2026		F		709(2)	D	$47.09	38,167	D
Common Stock								9,898.03	I	By ESOP
Common Stock								166.27	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	(3)	03/27/2026		A		3,161		(3)	(3)	Common Stock	3,161	$0	9,767	D
Performance Stock Unit	(4)	03/27/2026		A		3,161		(4)	(4)	Common Stock	3,161	$0	14,876	D
Restricted Stock Unit	(1)	03/30/2026		M			1,209	(1)	(1)	Common Stock	1,209	$0	8,558	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/Craig Carney 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 executive Craig B. Carney report?

Craig B. Carney reported RSU vesting, tax withholding, and new equity awards. 1,209 RSUs vested into common shares, 709 shares were withheld for taxes, and he received 3,161 RSUs plus 3,161 performance stock units as new grants.

How many TriCo Bancshares (TCBK) shares does Craig B. Carney hold after these Form 4 transactions?

After the reported transactions, Craig B. Carney directly holds 38,167 TriCo Bancshares common shares. He also has indirect interests in 9,898.03 shares through an ESOP and 166.27 shares held by a daughter, according to the ownership entries.

What Restricted Stock Unit awards did TCBK grant to Craig B. Carney?

On March 27, 2026, Craig B. Carney received a 3,161-share RSU award. It vests in approximately 33.33% per year over three years, and cash dividends on these RSUs are reinvested in TriCo Bancshares common stock at fair market value on each dividend date.

What performance stock units did TriCo Bancshares grant to Craig B. Carney?

TriCo Bancshares granted Craig B. Carney 3,161 performance-based restricted stock units on March 27, 2026. These units cliff vest after three years between 0% and 150% of target, based on total shareholder return versus the KBW Regional Banking Index.

Was there any open-market buying or selling by Craig B. Carney in this TCBK Form 4?

The Form 4 shows no open-market purchases or sales. Activity consists of RSU vesting, a derivative exercise, a tax-withholding share disposition, and new RSU and performance-based stock grants as part of compensation.

At what price were TCBK shares valued when Craig B. Carney’s RSUs vested?

When 33% of the RSU award vested on March 30, 2026, the per-share price was noted as $47.09. This price is cited in the footnote describing the vesting and related dividend accumulation.