Trico Bancshares (TCBK) director converts 2,178 RSUs and receives 1,646-unit award
Rhea-AI Filing Summary
Trico Bancshares director Kimberley H. Vogel reported equity compensation activity involving restricted stock units (RSUs) and common shares. On May 22, 2026, 2,178 RSUs, including accumulated dividends, converted into the same number of common shares on a one-for-one basis, increasing her direct common stock holdings to 12,183.5607 shares. A footnote states the price per share on the vesting date was $50.68, reflecting the market value used for the RSU conversion.
On May 21, 2026, she received a new grant of 1,646 RSUs. A footnote explains that 100% of these RSUs vest on May 21, 2027, and that cash dividends on the RSUs are reinvested in Trico Bancshares common stock at fair market value on each dividend payment date. The per-unit value on the grant date was $50.11, based on the 30-day average closing price of the company’s common stock ending May 21, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,178 shares
Net Buy
3 txns
Insider
Vogel Kimberley H
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 |
Holdings After Transaction:
Restricted Stock Unit — 1,646 shares (Direct);
Common Stock — 12,183.5607 shares (Direct)
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 converted: 2,178 units
Common shares received: 2,178 shares
Shares held after conversion: 12,183.5607 shares
+4 more
7 metrics
RSUs converted
2,178 units
Restricted stock units converted into common stock on May 22, 2026
Common shares received
2,178 shares
One-for-one conversion from RSUs into Trico Bancshares common stock
Shares held after conversion
12,183.5607 shares
Director’s direct common stock holdings following the May 22, 2026 transaction
New RSU grant size
1,646 units
Restricted stock unit award granted on May 21, 2026
RSU vesting date
May 21, 2027
100% of the 1,646-unit RSU award vests on this date
RSU vesting price reference
$50.68 per share
Price per share on RSU vesting date for the 2,178-unit conversion
New grant per-unit value
$50.11 per unit
Per-unit value based on 30-day average closing price ending May 21, 2026
Key Terms
Restricted Stock Unit, conversion upon vesting, accumulated dividends, fair market value, +1 more
5 terms
Restricted Stock Unit financial
"Represents a grant of Restricted Stock Unit (RSU) award."
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.
conversion upon vesting financial
"Represents the conversion upon vesting of Restricted Stock Units, including accumulated dividends, into common stock"
accumulated dividends 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 ... 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)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did TCBK director Kimberley Vogel report?
Director Kimberley H. Vogel reported RSU-related acquisitions. 2,178 restricted stock units converted into common shares, and she received a new grant of 1,646 RSUs with future vesting and dividend reinvestment features.
What were the key details of the RSU conversion reported for TCBK?
2,178 restricted stock units, including accumulated dividends, converted into 2,178 Trico Bancshares common shares. A footnote notes the price per share on the May 22, 2026 vesting date was $50.68, indicating the market value reference used for the vesting event.
What valuation figures were disclosed for TCBK’s RSU transactions?
A footnote states the price per share on the RSU vesting date was $50.68. For the new 1,646-unit RSU grant, the per-unit value was $50.11, based on the 30-day average closing price ending May 21, 2026.