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Trico Bancshares (TCBK) SVP gains 902 shares from RSU vesting

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

Rhea-AI Filing Summary

Trico Bancshares senior vice president and general counsel Gregory A. Gehlmann acquired shares through a restricted stock unit vesting. On March 2, 2026, 902 restricted stock units, including accumulated dividends, vested from an award granted on March 1, 2024.

The vested units converted into 902 shares of common stock at an exercise price of $0.00 per share, with the share price on the vesting date noted as $48.36. After these transactions, Gehlmann directly held 4,130 restricted stock units and 20,669.93 shares of common stock, plus 2,380.83 shares held indirectly through an ESOP account.

Positive

  • None.

Negative

  • None.
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*
Gehlmann Gregory A

(Last) (First) (Middle)
63 CONSTITUTION DRIVE

(Street)
CHICO CA 95973

(City) (State) (Zip)
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)
SVP General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/02/2026 M 902 A (1) 20,669.93 D
Common Stock 2,380.83 I By ESOP
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 (1) 03/02/2026 M 902 (1) (1) Common Stock 902 $0 4,130 D
Explanation of Responses:
1. 33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 3/01/2024. Price per share on vesting date (3/02/2026) was $48.36.
Remarks:
/s/Gregory Gehlmann by Janine Howard, Attorney-in-Fact 03/04/2026
** 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.

FAQ

What insider transaction did Trico Bancshares (TCBK) report for Gregory A. Gehlmann?

Trico Bancshares reported that Gregory A. Gehlmann acquired 902 common shares when restricted stock units vested. These units, including accumulated dividends, were originally granted on March 1, 2024 and vested on March 2, 2026 as part of his equity compensation.

How many restricted stock units vested for the Trico Bancshares (TCBK) SVP General Counsel?

902 restricted stock units vested for the SVP General Counsel at Trico Bancshares. The vesting represented 33% of a prior RSU award and included accumulated dividends, converting into an equal number of common shares at a zero exercise price.

What was the share price when the Trico Bancshares (TCBK) RSUs vested?

The filing notes a share price of $48.36 on the March 2, 2026 vesting date. This price is disclosed for reference in connection with the vesting of 902 restricted stock units granted to Gregory A. Gehlmann on March 1, 2024.

What are Gregory A. Gehlmann’s direct common stock holdings in Trico Bancshares (TCBK) after this Form 4?

After the reported transactions, Gregory A. Gehlmann directly held 20,669.93 shares of Trico Bancshares common stock. These holdings reflect the addition of 902 shares from the restricted stock unit vesting on March 2, 2026 at a zero exercise price.

Does the Trico Bancshares (TCBK) Form 4 show any indirect ownership for Gregory A. Gehlmann?

Yes. The Form 4 shows 2,380.83 Trico Bancshares common shares held indirectly for Gregory A. Gehlmann through an ESOP. This indirect position is separate from his direct common stock holdings and his remaining unvested restricted stock units.

How many restricted stock units does the Trico Bancshares (TCBK) SVP hold after the vesting?

Following the vesting event, Gregory A. Gehlmann held 4,130 restricted stock units. These remaining units represent unvested equity awards that may convert into common shares in the future under the terms of Trico Bancshares’ compensation plans.
Trico Bancshares

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