---
schema_version: "secwatch.filing_event.v1"
accession: "0000356171-22-000065"
form_type: "8-K"
ticker: "TCBK"
cik: "0000356171"
company_name: "TRICO BANCSHARES /"
filed_at: "2022-12-28T23:59:59+00:00"
generated_at: "2026-06-20T22:38:15.447130+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TriCo Bancshares freezes SERP benefits for three executives; records $2.6M Q4 charge

## Summary
- CEO Richard P. Smith receives frozen annual SERP benefit: $785,000 (joint survivor) or $975,000 (single life).
- EVP Craig B. Carney frozen at $272,100/year (joint) or $320,000 (single life).
- EVP Daniel K. Bailey frozen at $221,700/year (joint) or $255,000 (single life).
- Pre-tax charge of approx. $2.6 million in Q4 2022 from the SERP amendments.
- Amendments delete variable compensation formula and fix lifetime annuity amounts for the three executives.

## SEC filing metadata
- accession: 0000356171-22-000065
- form_type: 8-K
- ticker: TCBK
- cik: 0000356171
- company_name: TRICO BANCSHARES /
- filed_at: 2022-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356171/000035617122000065/0000356171-22-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356171/000035617122000065/tcbk-20221227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000356171-22-000065
- JSON: https://secwatch.observer/filing/0000356171-22-000065.json
- Plain text: https://secwatch.observer/filing/0000356171-22-000065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.