Giese Cory W 4

What Happened

• Cory W. Giese, a director of Trico Bancshares (TCBK), reported an "other acquisition or disposition" (transaction code J) of 426,838 shares on June 19, 2026. The filing lists no price (N/A) and does not state a dollar value.
• Because the transaction is coded as "other" and no price is reported, this is not a standard open-market purchase or sale; it appears to be a transfer-type acquisition rather than a cash purchase.

Key Details

• Transaction date: 2026-06-19; Form 4 filed: 2026-06-25 (appears to be filed after the usual two-business-day window).
• Price: N/A (no per-share price or total value reported).
• Shares acquired: 426,838.
• Shares owned after transaction: not reported in the provided filing details.
• Footnote (F1): The shares are held in three family trusts in which Mr. Giese’s spouse is named co-trustee; Mr. Giese is not a beneficiary of the trusts — suggesting the holding relates to trust arrangements rather than personal beneficial ownership.

Context

• Transaction code J indicates an "other acquisition or disposition" — often used for transfers, custodial changes, or non-standard transfers. A reported acquisition tied to trusts typically reflects estate, fiduciary, or family-structure moves and does not necessarily signal the insider’s view of the company’s prospects.
• The lack of a price and the trust footnote mean this should be interpreted as an administrative or trust-related transfer rather than a market purchase; retail investors should treat it as informational, not a clear bullish signal.