SMITH RICHARD P (CEO & President) exercised options at TRICO BANCSHARES /
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 12/10/2025ACC: 0000356171-25-000093
DirectorOfficer· CEO & President
Since Mar 2026
-7.77K
Net shares
Net seller
$334.1K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
12.24K acquired · 20.01K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+3.45K
Price / share
—
Trade value
—
% of position
1.3%
10/21/2025
271.19K→274.64K
Common Stock
Direct
Shares
−2.02K
Price / share
$42.33
Trade value
$85.42K
% of position
0.7%
10/21/2025
274.64K→272.62K
Common Stock
Direct
Shares
+8.80K
Price / share
—
Trade value
—
% of position
3.2%
12/1/2025
272.62K→281.42K
Common Stock
Direct
Shares
−5.15K
Price / share
$48.29
Trade value
$248.69K
% of position
1.8%
12/1/2025
281.42K→276.27K
Total
Net shares
+5.08K
Net value
-$334.12K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/21/2025 | M · Option Exercise | +3.45K | — | — | 1.3% | 271.19K | 274.64K |
| Common Stock Direct | 10/21/2025 | F · Tax Withholding | −2.02K | $42.33 | $85.42K | 0.7% | 274.64K | 272.62K |
| Common Stock Direct | 12/1/2025 | M · Option Exercise | +8.80K | — | — | 3.2% | 272.62K | 281.42K |
| Common Stock Direct | 12/1/2025 | F · Tax Withholding | −5.15K | $48.29 | $248.69K | 1.8% | 281.42K | 276.27K |
| Total | +5.08K | -$334.12K | ||||||
Derivative Transactions2
Restricted Stock Unit
Direct
Converts to
Common Stock
3.45K shares
Shares
−3.45K
Strike price
Held after
25.11K
Exercisable
—
10/21/2025
Performance Stock Unit
Direct
Converts to
Common Stock
9.40K shares
Shares
−9.40K
Strike price
Held after
37.15K
Exercisable
—
12/1/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock3.45K shares | 10/21/2025 | M · Option Exercise | −3.45K | — | 25.11K | |
| Performance Stock Unit Direct | Common Stock9.40K shares | 12/1/2025 | M · Option Exercise | −9.40K | — | 37.15K |
Non-Derivative Holdings (Post-Transaction)3
Common Stock
IndirectShares owned1.12M
Common Stock
IndirectShares owned272.96
Common Stock
IndirectShares owned42.97K
Total
1.17M indirect1.17M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 1.12M | Indirect |
| Common Stock | 272.96 | Indirect |
| Common Stock | 42.97K | Indirect |
| Total | 1.17M | 1.17M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported