BAILEY DANIEL K 4

What Happened

• Daniel K. Bailey, EVP & Chief Banking Officer of TRICO BanCSHARES (TCBK), had 1,608 restricted stock units (RSUs) vest/convert into common shares on 2026-06-12. The per-share price on the vesting date was $52.64, giving a gross value of about $84,674.
• Of the 1,608 shares, 943 shares were withheld to cover tax liability (reported as a disposition valued at $49,640). The net shares delivered to Bailey were 665.

Key Details

• Transaction date: 2026-06-12 (vesting/conversion of RSUs).
• Price used on vesting date: $52.64 per share (vest value ≈ $84,674).
• Shares vested/converted: 1,608; shares withheld for taxes: 943 (≈ $49,640); net shares to insider: 665.
• Footnotes: F1 — 33% vesting of RSU award (granted 6/12/2023); F2 — shares withheld to pay tax liability.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: no late filing flag indicated in the provided data.

Context

• This was a scheduled RSU vesting (an award conversion), not an open-market purchase or voluntary sale. Withholding shares to pay taxes is a routine administrative step (net settlement) and does not necessarily signal bullish or bearish intent.
• For retail investors, note the insider increased his net shareholding by 665 shares as a result of the vesting.