STOCK TITAN

Trico Bancshares (TCBK) CFO reports RSU vesting and tax withholding transactions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Trico Bancshares executive Peter G. Wiese reported routine equity compensation activity involving company common stock. On June 12, 2026, 33% of a Restricted Stock Unit award granted on June 12, 2023, including accumulated dividends, vested and converted into 2,104 shares of common stock at a vesting-date price of $52.64 per share. To cover tax obligations, 1,104 shares were withheld, classified as a tax-liability disposition rather than an open-market sale. Following these transactions, Wiese directly holds 50,750 common shares, with additional indirect holdings of 2,700 shares through a family trust and 1,761.43 shares through an ESOP.

Positive

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Insider Wiese Peter G
Role EVP Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 2,104 $0.00 --
Exercise Common Stock 2,104 $0.00 --
Tax Withholding Common Stock 1,104 $52.64 $58K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Unit — 9,654 shares (Direct, null); Common Stock — 51,854 shares (Direct, null); Common Stock — 1,761.43 shares (Indirect, By ESOP)
Footnotes (1)
  1. 33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 6/12/2023. Price per share on vesting date (6/12/2026) was $52.64 Reflects shares withheld to pay toward tax liability.
RSUs vested 2,104 shares 33% of RSU award granted on June 12, 2023
Vesting-date share price $52.64 per share Price on June 12, 2026 for RSU vesting
Shares withheld for taxes 1,104 shares Tax-withholding disposition, code F
Direct common shares after transactions 50,750 shares Direct ownership following June 12, 2026 events
Family trust holdings 2,700 shares Indirect ownership by family trust
ESOP holdings 1,761.43 shares Indirect ownership by ESOP
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.
tax liability financial
"Reflects shares withheld to pay toward tax liability."
ESOP financial
"total_shares_following_transaction: 1761.4300, nature_of_ownership: By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
family trust financial
"total_shares_following_transaction: 2700.0000, nature_of_ownership: By family trust"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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SEC Form 4
FORM 4UNITED 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*
Wiese Peter G

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026M2,104A(1)51,854D
Common Stock06/12/2026F(2)1,104D$52.6450,750D
Common Stock1,761.43IBy ESOP
Common Stock2,700IBy family trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)06/12/2026M2,104 (1) (1)Common Stock2,104$09,654D
Explanation of Responses:
1. 33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 6/12/2023. Price per share on vesting date (6/12/2026) was $52.64
2. Reflects shares withheld to pay toward tax liability.
Remarks:
/s/Peter Wiese by Janine Howard, Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
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 CFO Peter G. Wiese report on June 12, 2026?

Peter G. Wiese reported vesting of Restricted Stock Units that converted into 2,104 Trico Bancshares common shares. As part of this routine equity compensation event, some shares were withheld to satisfy tax obligations rather than being sold on the open market.

How many Trico Bancshares shares vested for TCBK CFO Peter G. Wiese?

A total of 2,104 Restricted Stock Units vested and converted into Trico Bancshares common stock for Peter G. Wiese. The award represented 33% of an RSU grant originally made on June 12, 2023, including accumulated dividend equivalents tied to that grant.

Were any of the TCBK CFO’s Trico Bancshares shares sold in the market?

The filing shows 1,104 shares classified under code F, reflecting shares withheld to pay tax liabilities. This is a tax-withholding disposition, meaning the shares were used to satisfy taxes and do not represent an open-market sale to third-party buyers.

What are Peter G. Wiese’s Trico Bancshares share holdings after these Form 4 transactions?

After the reported transactions, Peter G. Wiese directly holds 50,750 shares of Trico Bancshares common stock. He also has indirect ownership of 2,700 shares through a family trust and 1,761.43 shares through an employee stock ownership plan (ESOP).

What does transaction code M mean in the TCBK CFO’s Form 4 filing?

Transaction code M in the Form 4 indicates the exercise or conversion of a derivative security, here Restricted Stock Units. For Peter G. Wiese, 2,104 RSUs converted into common shares at a stated price of $0.00, marking a vesting rather than a market purchase.

What price per share is associated with the TCBK CFO’s RSU vesting event?

The vesting event for the Restricted Stock Unit award used a reference price of $52.64 per Trico Bancshares share on June 12, 2026. This price reflects the share value on the vesting date, as described in the Form 4 footnotes for the reported award.