Scearcy Lynda has made a notable move by disposing of 5,850 shares of Sierra Bancorp, a transaction that was reported on October 29, 2026. This action is significant as it may indicate a shift in strategy or personal financial planning by Lynda, who is a director at the bank.

Background

Sierra Bancorp, identified by the CIK number 0001130144, operates in the state commercial banks sector. The company is incorporated in California and has its fiscal year ending on December 31. The bank is publicly traded under the symbol BSRR.

What the Filing Says

In the recent filing, Lynda Scearcy reported her transaction under Form 4, indicating that she disposed of 5,850 shares at a price of $42.3413 each. Following this transaction, she holds a total of 24,282.72 shares in the company.

Impact

This transaction may affect various stakeholders, including other shareholders and potential investors in Sierra Bancorp. The state commercial banking sector could experience increased attention as similar transactions are analyzed for their implications on market confidence and company performance.

What's Next

The filing does not say what happens next.

Details of the Transaction

The transaction involved the disposal of 5,850 shares of common stock, executed on October 29, 2026, at a price of $42.3413 per share. Following this transaction, Lynda Scearcy retains ownership of 24,282.72 shares of Sierra Bancorp, reflecting a direct ownership stake.

Ownership Structure

Post-transaction, Scearcy's remaining shares indicate her continued involvement and investment in the company, with a total of 11,139 shares reported under non-derivative holdings. This suggests that while she has reduced her stake, she still maintains a significant position within the bank.

Company Information

Sierra Bancorp is incorporated in California and operates within the state commercial banks sector, classified under the Standard Industrial Classification code 6022. The bank's principal business address is also located at 86 North Main Street, Porterville, CA, which aligns with Scearcy's reported address.

Regulatory Compliance

This filing was made under the SEC Act of 1934, and the transaction was coded as a 'Sale' (S), indicating the nature of the share disposition. The filing is part of the ongoing regulatory requirements for directors and officers to disclose their transactions in the company's stock, ensuring transparency and compliance with federal securities laws.