TRICO BANCSHARES /·4

May 26, 2:26 PM ET

Leggio Anthony L. 4

4 · TRICO BANCSHARES / · Filed May 26, 2026

Research Summary

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Updated

Trico Bancshares (TCBK) Director Anthony Leggio Vests RSUs, Receives Grant

What Happened
Anthony L. Leggio, a director of Trico Bancshares (TCBK), had 2,178 restricted stock units (RSUs) convert into 2,178 shares upon vesting (5/22/2026) and was granted 1,646 new RSUs on 5/21/2026. The vested shares had a per‑share value of $50.68 (total value ≈ $110,381). The new RSU award carried a per‑unit value of $50.11 (grant value ≈ $82,481) and vests 100% on 5/21/2027. No cash sale of the vested shares is reported; the conversion produced shares rather than proceeds.

Key Details

  • Transaction dates: RSU grant 5/21/2026 (1,646 RSUs); RSU vest/conversion 5/22/2026 (2,178 RSUs → 2,178 shares).
  • Values: Vesting value ≈ $110,381 (2,178 × $50.68); grant value ≈ $82,481 (1,646 × $50.11).
  • Filing: Form 4 filed 5/26/2026 reporting the 5/21–5/22 transactions. The filing was submitted within the typical Form 4 reporting window.
  • Shares owned after the transactions: not reported in the provided data.
  • Footnotes: F1 — conversion reflects RSUs (granted 5/22/2025) vesting into common stock one‑for‑one and includes accumulated dividends; F2 — new RSU grant vests 5/21/2027 and cash dividends on RSUs are reinvested at fair market value.
  • No sale proceeds or tax‑withholding line is shown in the provided entries (the $0 proceeds entry reflects conversion/vesting, not an open‑market sale).

Context
This filing documents typical insider equity compensation activity (vesting and a new RSU grant), not an open‑market purchase or sale. RSU vesting converts units into shares (sometimes reflecting dividend reinvestment); the new RSU grant vests next year, so it does not represent an immediate purchase of stock.

Insider Transaction Report

Form 4
Period: 2026-05-21
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-22+2,178117,018 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1]
    2026-05-222,1780 total
    Common Stock (2,178 underlying)
  • Award

    Restricted Stock Unit

    [F2]
    2026-05-21+1,6461,646 total
    Common Stock (1,646 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    29,424
  • Common Stock

    (indirect: Bolthouse Properties)
    75,000
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/Anthony Leggio by Janine Howard, Attorney-in-Fact|2026-05-26

Documents

1 file
  • 4
    wk-form4_1779819976.xmlPrimary

    FORM 4