Kane Margaret L 4

4 · TRICO BANCSHARES / · Filed May 26, 2026

AI-generated summary of this filing

Updated May 26, 2026

TRICO (TCBK) Director Margaret L. Kane Converts 2,178 RSUs to Shares

What Happened

Margaret L. Kane, a director of TRICO Bancshares (TCBK), had 2,178 restricted stock units (RSUs vest) convert into 2,178 shares on 2026-05-22. The per-share value on the vesting date was $50.68, giving a notional value of about $110,381.
The filing also shows a simultaneous reported disposition of 2,178 shares at $0.00 (reported on 2026-05-22) — the filing treats these as a disposal (commonly used to reflect shares withheld to satisfy tax-withholding obligations upon vesting).
Additionally, Kane received a new RSU grant of 1,646 units on 2026-05-21 valued at $50.11 per unit (~$82,481). Those RSUs vest 100% on 2027-05-21; dividends on RSUs are reinvested in shares.

Key Details

Transaction dates and prices:
- 2026-05-22: 2,178 RSUs converted to shares at $50.68 each (total ≈ $110,381).
- 2026-05-22: 2,178 shares reported disposed at $0.00 (reported value $0).
- 2026-05-21: Grant of 1,646 RSUs valued at $50.11 per unit (total ≈ $82,481); vest date 2027-05-21.
Shares owned after transaction: Not specified in the provided filing excerpt.
Footnotes:
- F1: Confirms conversion of RSUs (including accumulated dividends) on a 1-for-1 basis; RSUs were originally granted 5/22/2025; per-share value on vest date $50.68.
- F2: Describes the new RSU grant (30-day average price used to value grant) and dividend reinvestment.
Filing timeliness: The Form 4 was filed 2026-05-26 covering transactions on 5/21–5/22; this appears later than the typical 2-business-day Form 4 deadline and may be a late filing.

Context

These entries reflect equity compensation activity (vesting and a new grant), not open-market buying or selling for investment. The reported $0.00 disposition is consistent with the common practice of withholding shares to cover taxes when RSUs vest — a routine administrative transaction rather than a market sale that would signal insider sentiment.

Form 4

Period: 2026-05-21

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-22+2,178→ 12,183.561 total
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-05-22−2,178→ 0 total
→ Common Stock (2,178 underlying)
Award
Restricted Stock Unit
[F2]
2026-05-21+1,646→ 1,646 total
→ Common Stock (1,646 underlying)

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).

Signature

/s/Margaret Kane, by Janine Howard, Attorney-in-Fact|2026-05-26

1 file