Trico director exercises RSUs, gets new grant

Trico Bancshares director Kimberley H. Vogel reported equity compensation activity involving restricted stock units (RSUs) and common shares.

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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.

Insider Trade Summary

2,178 shares exercised/converted

Exercise 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 contracts (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)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Trico Bancshares shares does Kimberley Vogel hold after these Form 4 transactions?

After the RSU conversion, Kimberley H. Vogel directly holds 12,183.5607 shares of Trico Bancshares common stock. This figure reflects her position following the May 22, 2026 conversion of 2,178 restricted stock units into common shares.

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 are the terms of Kimberley Vogel’s new RSU grant at Trico Bancshares?

She received 1,646 restricted stock units on May 21, 2026, with 100% vesting scheduled for May 21, 2027. Cash dividends on these RSUs are reinvested into Trico Bancshares common stock at fair market value on each dividend payment date.

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.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 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^*

Vogel Kimberley H

(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⁾	12,183.5607	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		1,646		⁽²⁾	⁽²⁾	Common Stock	1,646	⁽²⁾	1,646	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/Kimberley Vogel 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