BSRR SIERRA BANCORP
Price Chart
Executive Summary
Two insiders at Sierra Bancorp sold shares totaling $422K in open-market transactions within a week. CFO Christopher Treece sold $382K after exercising options, and Director Vonn Christenson sold $40K after a derivative exercise. The sales represent 0.08% of market cap, falling below the 0.1% materiality threshold, and are likely liquidity-driven following option exercises rather than a bearish signal.
Key Financial Metrics
Actionable Insight
The cluster is routine and non-informative: both sales followed option exercises, a common pattern for liquidity/vesting. The dollar value is trivial relative to market cap. No bearish read-through. Monitor next quarterly filing for any fundamental changes, but this cluster alone does not warrant action.
Key Facts
- CFO Treece sold 10,000 shares at $38.18 for $382K on May 22, after exercising options at $27.11/share
- Director Christenson sold 1,053 shares at $38.01 for $40K on May 18, after exercising options at $28.21/share
- Total cluster sales of $422K represent 0.08% of BSRR's $504M market cap
- Both sales followed derivative exercises, consistent with tax planning or diversification, not informed selling
- No open-market purchases in the cluster
Financial Impact
Total insider sales of $422K, or 0.08% of market cap — immaterial relative to company size
Risk Factors
- CFO selling $382K could be misinterpreted as bearish by some market participants
- If the company reports weak earnings next quarter, these sales may be viewed retrospectively as informed
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BSRR-1779488940131 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 29, 2026
11d ago
|
Insider Cluster
| $37.68 $39.09 | ▲ +3.74% | ▲ +6.49% | $39.17 (+3.95%) |
|
May 22, 2026
18d ago
|
Insider Cluster
| $38.44 $38.32 | ▼ −0.31% | ▼ −1.52% | $39.17 (+1.90%) |
|
May 4, 2026
5w ago
|
8-K
| $35.82 $37.54 | ▲ +4.80% | ▲ +1.87% | $39.17 (+9.35%) |
|
Apr 27, 2026
6w ago
|
8-K
| $36.82 $35.82 | ▼ −2.71% | ▼ −3.11% | $39.17 (+6.39%) |
|
Apr 24, 2026
6w ago
|
8-K
| $36.01 $36.08 | ▲ +0.19% | ▼ −0.72% | $39.17 (+8.77%) |
|
Apr 20, 2026
7w ago
|
8-K
| $36.66 $37.08 | ▲ +1.15% | ▲ +0.24% | $39.17 (+6.85%) |
|
Apr 7, 2026
9w ago
|
DEFA14A
| $34.36 $36.09 | ▲ +5.02% | ▼ −0.31% | $39.17 (+13.99%) |
US Market Status
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