Sierra Bancorp's 2025 DEF 14A: Executive Pay & Awards Detailed
Ticker: BSRR · Form: DEF 14A · Filed: Apr 8, 2025 · CIK: 1130144
Sentiment: neutral
Topics: executive-compensation, corporate-governance, annual-meeting
Related Tickers: BANC
TL;DR
Sierra Bancorp DEF 14A out: Executive pay details, pension values, and equity award adjustments for 2024 fiscal year are now public.
AI Summary
Sierra Bancorp filed its DEF 14A on April 8, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on pension values, equity award adjustments, and changes in fair value for awards granted in prior years to both PEO and Non-PEO members. Specific dollar amounts and dates related to these compensation elements are outlined within the document.
Why It Matters
This filing provides transparency into how Sierra Bancorp compensates its top executives, which can influence investor decisions and perceptions of the company's financial health and management practices.
Risk Assessment
Risk Level: medium — DEF 14A filings, while routine, can reveal significant details about executive compensation and corporate governance that may impact investor sentiment and stock price.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for compensation details)
- 20250408 — Filing Date (Date the DEF 14A was submitted to the SEC)
Key Players & Entities
- SIERRA BANCORP (company) — Filer
- 0001130144 (company) — Central Index Key
- 330937517 (company) — EIN
- 86 NORTH MAIN STREET (company) — Business Address
- PORTERVILLE (company) — City
- CA (company) — State
- 93257 (company) — ZIP Code
- 5597824900 (company) — Business Phone
FAQ
What is the primary purpose of this DEF 14A filing for Sierra Bancorp?
The primary purpose is to provide shareholders with information regarding the company's annual meeting of shareholders, including details on executive compensation, director nominations, and corporate governance matters for the fiscal year ending December 31, 2024.
When is the fiscal year end that this filing covers?
The filing covers the fiscal year ending December 31, 2024.
What specific compensation elements are detailed in the filing?
The filing details elements such as pension values in compensation tables, pension adjustments, and equity awards adjustments, including changes in fair value for awards granted in prior years.
Who are the recipients of the compensation details mentioned?
The compensation details are provided for both PEO (Principal Executive Officer) and Non-PEO/NEO (Non-Principal Executive Officer) members.
What is Sierra Bancorp's Standard Industrial Classification (SIC) code?
Sierra Bancorp's SIC code is 6022, which corresponds to State Commercial Banks.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 8, 2025 regarding SIERRA BANCORP (BSRR).