Mariani Martin 4

4 · TRICO BANCSHARES / · Filed May 26, 2026

AI-generated summary of this filing

Updated May 26, 2026

TRICO (TCBK) Director Mariani Martin Vests RSUs and Receives New RSU Grant

What Happened

Mariani Martin, a director of TRICO BanCorp (TCBK), had 2,178 restricted stock units (RSUs convert/vest) on 2026-05-22 and received a new grant of 1,646 RSUs on 2026-05-21. The 2,178 vested RSUs converted to common stock at $50.68 per share (total value ≈ $110,381) and were listed as disposed at $0.00 (derivative entry). The new RSU grant was recorded with a per-unit value of $50.11 (total grant value ≈ $82,481) and vests 100% on 2027-05-21.
These are equity award/vesting events rather than open-market purchases or sales. The zero-dollar disposition for the vested shares typically indicates net settlement/withholding (e.g., to satisfy tax withholding) rather than a market sale.

Key Details

Transaction dates and prices:
- 2026-05-22: Conversion/vesting of 2,178 RSUs into common stock at $50.68/share (≈ $110,381 total); disposed at $0.00 (derivative disposition).
- 2026-05-21: Grant of 1,646 RSUs, per-unit value $50.11 (≈ $82,481 total); vests 5/21/2027.
Shares owned after transaction: Not stated in the filing.
Notable footnotes:
- F1: The 2,178 conversion reflects vesting of RSUs (granted 5/22/2025) and includes accumulated dividends; converted one-for-one to common stock at $50.68 on 5/22/2026.
- F2: The 1,646 RSUs are a new grant valued at $50.11 (30-day avg. through 5/21/26); dividends on RSUs are reinvested.
Timeliness: Filing dated 2026-05-26 for transactions on 5/21–5/22; this appears to be a late Form 4 filing.

Context

For retail investors: RSU vesting and new RSU grants are routine compensation events for directors/executives and do not necessarily signal a change in market sentiment. The disposition at $0.00 is commonly used to show shares withheld or net-settled to cover taxes rather than an open-market sale.

Form 4

Period: 2026-05-21

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-22+2,178→ 68,553 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/Martin Mariani by Janine Howard, Attorney-in-Fact|2026-05-26

1 file