---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-083891"
form_type: "8-K"
ticker: "TCBK"
cik: "0000356171"
company_name: "TRICO BANCSHARES /"
filed_at: "2026-07-15T20:16:09+00:00"
generated_at: "2026-07-15T20:17:10.035078+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# TriCo Bancshares to be acquired by First Hawaiian in stock-for-stock merger at 2.095x exchange ratio

## Summary
- TriCo shareholders to receive 2.095 shares of FHI common stock per TriCo share; fractional shares paid in cash.
- Termination fee of $80 million payable by either party under specified circumstances.
- TriCo CEO Richard P. Smith granted $2.5 million special transaction bonus, payable at closing in cash or restricted stock units.
- Four TriCo directors to join FHI's board of directors at closing.
- Merger subject to regulatory approvals (Federal Reserve, FDIC, state regulators) and shareholder votes of both companies.

## SEC filing metadata
- accession: 0001104659-26-083891
- form_type: 8-K
- ticker: TCBK
- cik: 0000356171
- company_name: TRICO BANCSHARES /
- filed_at: 2026-07-15T20:16:09+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356171/000110465926083891/0001104659-26-083891-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356171/000110465926083891/tm2620289d8_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-083891
- JSON: https://secwatch.observer/filing/0001104659-26-083891.json
- Plain text: https://secwatch.observer/filing/0001104659-26-083891.txt

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