BAILEY DANIEL K 4

4 · TRICO BANCSHARES / · Filed Jun 29, 2026

AI-generated summary of this filing

Updated Jun 29, 2026

TRICO (TCBK) EVP Daniel K. Bailey Receives PSU Shares

What Happened

Daniel K. Bailey, EVP & Chief Banking Officer of TRICO Bancshares (TCBK), reported the vesting/conversion of performance-based restricted units (PSUs) that resulted in the issuance/conversion of shares on June 25, 2026. The filing shows 4,782 shares acquired on conversion of derivatives (PSUs).
To satisfy tax withholding, 2,804 shares were withheld/sold at $53.55 per share, generating $150,154. The filing also reports 4,373 shares in a derivative-related disposition listed with $0 proceeds (reported as a derivative conversion entry).

Key Details

Transaction date: June 25, 2026; Form 4 filed June 29, 2026 (appears filed after the usual two-business-day window).
Entries reported: 4,782 shares acquired (exercise/conversion, code M); 2,804 shares withheld/disposed for taxes at $53.55 each (code F) totaling $150,154; 4,373 shares reported as a derivative disposition at $0 (code M).
Footnotes: PSUs were performance-based and vested at 109.36% of target on certification (footnote F1). Footnote F2 confirms shares were withheld to cover tax liability.
Shares owned after the transaction are not shown in the excerpt of the filing.

Context

This was a settlement of performance-based awards (PSUs), not an open-market purchase or a voluntary sale. Withholding shares to cover taxes is a routine administrative step (a cashless-type settlement) and does not necessarily indicate insider selling for investment reasons.
Derivative/option codes (M) indicate conversion/exercise of awards into shares; code F indicates shares withheld for taxes. The $0 proceeds line for certain derivative entries typically reflects reporting mechanics rather than a market sale.

Form 4

Period: 2026-06-25

EVP Chief Banking Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-25+4,782→ 64,074.41 total
Tax Payment
Common Stock
[F2]
2026-06-25$53.55/sh−2,804$150,154→ 61,270.41 total
Exercise/Conversion
Performance Stock Unit
[F1]
2026-06-25−4,373→ 11,800 total
→ Common Stock (4,373 underlying)

Holdings

Footnotes (2)

[F1]Vesting of performance-based stock unit (PSU). Each PSU represented the right to receive 0%-150% of the target number based on the Issuers total stockholder return, relative to the KBW Regional Banking Index (based on an initial grant of PSUs which was reported in the original Form 4 for this grant on 6/12/2023). PSUs vested at 109.36% on certification date June 25,2026.
[F2]Reflects shares withheld to pay toward tax liability.

Signature

/s/Daniel Bailey by Janine Howard, Attorney-in-Fact|2026-06-26

1 file