secwatch.observer — SEC 8-K summary
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Issuer:     SIERRA BANCORP (BSRR)
CIK:        0001130144
Form:       8-K
Filed at:   2025-10-24T23:59:59+00:00
Accession:  0001104659-25-102011
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sierra Bancorp authorizes new 1M share buyback, declares $0.25 quarterly dividend
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- New share repurchase program authorizes up to 1,000,000 shares from Oct 31, 2025 to Oct 31, 2026.
- Quarterly cash dividend of $0.25 per share payable Nov 14, 2025 to holders of record Nov 3, 2025.
- Current repurchase program expiring Oct 31, 2025 has no shares remaining for repurchase.
- Dividend marks 107th consecutive quarterly cash dividend; company has paid dividends since 1987.
- Board authorized management to enter into a 10b5-1 plan with a broker for share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130144/000110465925102011/0001104659-25-102011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130144/000110465925102011/bsrr-20251023x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-102011

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