CARNEY CRAIG B 4

4 · TRICO BANCSHARES / · Filed Mar 31, 2026

AI-generated summary of this filing

Updated Mar 31, 2026

TRICO (TCBK) EVP Craig Carney Receives RSUs, Vests & Withholds

What Happened

Craig B. Carney, EVP & Chief Credit Officer of TRICO Bancshares (TCBK), had 1,209 restricted stock units (RSUs) vest on 2026-03-30. Of those, 709 shares were withheld to cover taxes at $47.09 per share (total withheld value $33,387), leaving 500 net shares delivered to him.
On 2026-03-27 he received two grants: 3,161 RSUs (time-based) and 3,161 performance-based restricted stock units (PSUs, target). The RSU grant per-unit value at grant was $48.12 (30‑day average ending 3/27/2026).

Key Details

Transaction dates/prices:
- 2026-03-30: 1,209 RSUs vested; tax withholding of 709 shares at $47.09 (withheld value $33,387).
- 2026-03-27: Grants of 3,161 RSUs and 3,161 PSUs (per-unit grant value $48.12).
Shares owned after transaction: Not specified in the excerpted filing.
Footnotes of note:
- F1: 33% vesting of an RSU award (including accumulated dividends); vest price $47.09 on 3/30/2026.
- F2: Shares were withheld to satisfy tax withholding.
- F3: RSU grant vests 33.33% per year over three years; cash dividends on RSUs are reinvested into shares.
- F4: PSU grant cliff vests after 3 years and pays 0–150% of target based on TRICO’s total shareholder return vs. the KBW Regional Banking Index.
Filing timeliness: Form 4 filed 2026-03-31 reporting transactions from 3/27 and 3/30 — the filing appears timely.

Context

The vesting and withholding here are routine compensation events (time- and performance-based equity awards), not an open-market purchase or sale driven by the insider. The "exercise/conversion" entries reflect conversion/vesting of derivative awards (RSUs) into shares; 709 shares were surrendered/withheld to cover tax obligations (a common cashless-withholding method).
The PSU award is performance-contingent and may pay between 0% and 150% of the target (3,161 shares listed) after a three-year performance period, so future share delivery is uncertain.

Form 4

Period: 2026-03-27

EVP Chief Credit Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-30+1,209→ 38,876 total
Tax Payment
Common Stock
[F2]
2026-03-30$47.09/sh−709$33,387→ 38,167 total
Award
Restricted Stock Unit
[F3]
2026-03-27+3,161→ 9,767 total
→ Common Stock (3,161 underlying)
Award
Performance Stock Unit
[F4]
2026-03-27+3,161→ 14,876 total
→ Common Stock (3,161 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-03-30−1,209→ 8,558 total
→ Common Stock (1,209 underlying)

Holdings

Footnotes (4)

[F1]33% vesting of Restricted Stock Unit award, including accumulated dividends, granted on 3/28/2025. Price per share on vesting date (3/30/2026) was $47.09.
[F2]Reflects shares withheld to pay toward tax liability.
[F3]Represents a grant of Restricted Stock Unit (RSU) award which vests in 33.33% per year over three years. Cash dividends on RSUs are reinvested in shares of Issuers common stock at fair market value on date of dividend payment. Per unit value on date of grant was $48.12 (based on the 30-day average closing price of Issuers common stock ending 3/27/2026).
[F4]Represents a grant of Performance-based restricted stock (PSU) award that cliff vests after 3 years between 0%-150% of the target number of shares (the number of shares listed in box 5) based on the Issuers total stockholder return relative to the KBW Regional Banking Index.

Signature

/s/Craig Carney by Janine Howard, Attorney-in-Fact|2026-03-31

1 file