TRICO BANCSHARES (TCBK) director reports RSU vesting and new 1,646-unit grant
Rhea-AI Filing Summary
TRICO BANCSHARES director Anthony L. Leggio reported routine equity compensation activity. On May 22, 2026, 2,178 Restricted Stock Units, including accumulated dividends, vested and converted into 2,178 shares of common stock on a one-for-one basis.
The vesting is linked to RSUs granted on May 22, 2025, with a stated share price on the vesting date of $50.68. After the conversion, Leggio directly holds 117,018 shares of common stock. He also indirectly holds 75,000 shares through Bolthouse Properties and 29,424 shares in trusts for family members.
On May 21, 2026, he received a new award of 1,646 RSUs, which vest 100% on May 21, 2027. Cash dividends on these RSUs are reinvested in TRICO BANCSHARES common stock at fair market value, and the per-unit value on the grant date was $50.11.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,178 shares
Net Buy
5 txns
Insider
Leggio Anthony L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,178 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,178 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 1,646 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,646 shares (Direct);
Common Stock — 117,018 shares (Direct);
Common Stock — 29,424 shares (Indirect, In trusts for family members);
Common Stock — 75,000 shares (Indirect, Bolthouse Properties)
Footnotes (2)
- F1. 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.
- F2. 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
Price on vesting date: $50.68 per share
New RSU grant: 1,646 units
+5 more
8 metrics
RSUs vested
2,178 units
Converted into 2,178 common shares on May 22, 2026
Price on vesting date
$50.68 per share
Stated price on RSU vesting date May 22, 2026
New RSU grant
1,646 units
Grant on May 21, 2026, vesting 100% on May 21, 2027
Per-unit value at grant
$50.11 per unit
Based on 30-day average closing price ending May 21, 2026
Direct common shares
117,018 shares
Direct holding after RSU conversion
Indirect holding Bolthouse Properties
75,000 shares
Common stock held indirectly via Bolthouse Properties
Indirect family trusts
29,424 shares
Common stock held in trusts for family members
Outstanding RSUs post-grant
1,646 units
RSUs remaining after vesting, scheduled to vest May 21, 2027
Key Terms
Restricted Stock Unit, accumulated dividends, grant of Restricted Stock Unit (RSU) award, cash dividends on RSUs, +2 more
6 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.
accumulated dividends financial
"Represents the conversion upon vesting of Restricted Stock Units, including accumulated dividends, into common stock on a one for one basis."
grant of Restricted Stock Unit (RSU) award financial
"Represents a grant of Restricted Stock Unit (RSU) award. 100% of the shares vest on 5/21/27."
cash dividends on RSUs 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."
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)."
indirect ownership financial
"Common Stock holding entries with nature of ownership Bolthouse Properties and in trusts for family members."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did TCBK director Anthony L. Leggio report on this Form 4?
Anthony L. Leggio reported RSU vesting and a new RSU grant. 2,178 Restricted Stock Units vested into 2,178 common shares, and he received a new award of 1,646 RSUs, all as part of routine equity compensation.
What are the key details of Anthony L. Leggio’s new RSU grant at TCBK?
Leggio received a grant of 1,646 Restricted Stock Units. All these RSUs vest on May 21, 2027. Cash dividends on the RSUs are reinvested in TRICO BANCSHARES common stock, and the per-unit value on the grant date was $50.11.
Does Anthony L. Leggio’s Form 4 for TCBK show any open-market buying or selling?
The Form 4 reflects RSU vesting and a new RSU award, not market trades. Transactions are coded as M (exercise/conversion) and A (grant), with no reported open-market purchases or sales in this filing.