{"url_path":"/sec/tcbk/8-k/2026-07-15/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-15","source_url":"https://www.sec.gov/Archives/edgar/data/356171/0001104659-26-083891-index.html","accession_number":"0001104659-26-083891","cik":"0000356171","ticker":"TCBK","issuer_name":"TRICO BANCSHARES /","edgar_url":"https://www.sec.gov/Archives/edgar/data/356171/0001104659-26-083891-index.html","primary_entity_key":"0000356171","primary_entity_name":"TRICO BANCSHARES /"},"word_count":124,"has_tables":true,"body_markdown":"**Item 5.02 Departure of Directors or Certain Officers; Election of\nDirectors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers’**\n\n** **\n\nIn connection with the approval of the Merger Agreement and in recognition\nof his exemplary service to TriCo over the past 30+ years and the shareholder value that will result from the Transaction, the TriCo board\nof directors approved the grant to Richard P. Smith, TriCo’s Chairman, President and Chief Executive Officer, of a special one-time\ntransaction bonus in the amount of $2,500,000, to be paid at the closing of the Merger in the form of cash, time-based restricted stock\nunit awards or a combination of the two, subject to the continued employment of Mr. Smith\nwith TriCo through the closing of the Merger."}