Garen Kirsten E 4

What Happened
Garen Kirsten, a director of TRICO BANCSHARES (TCBK), had 2,178 restricted stock units (RSUs) vest and convert into 2,178 common shares on 2026-05-22 (valued at $50.68/share, roughly $110,381). In addition, Kirsten received a new RSU grant of 1,646 units on 2026-05-21 (per‑unit grant value $50.11, roughly $82,481). These are acquisitions via RSU vesting and grant (not open‑market purchases or sales).

Key Details

• Transaction dates: RSU grant on 2026-05-21; RSU vest/convert on 2026-05-22. Filing date: 2026-05-26.
• Vest conversion: 2,178 RSUs → 2,178 common shares at $50.68 per share (approx. $110,381 total).
• New grant: 1,646 RSUs granted, per‑unit value $50.11 (approx. $82,481); 100% vesting date 5/21/2027. Cash dividends on RSUs are reinvested into shares.
• The Form 4 shows a technical derivative disposition line related to the conversion (reported at $0.00); this does not indicate an open‑market sale of shares.
• Shares owned after the transactions are not specified in the provided excerpt.
• Filing timing: Form filed 2026-05-26 for transactions on 5/21 and 5/22; the 5/21 grant may have been reported one business day late.

Context
These entries reflect standard equity compensation activity: RSUs vesting and converting into common stock and a new RSU award with a one‑year vesting schedule. No open‑market sale or purchase by the insider is reported—this is compensation/vesting activity rather than a market trade.