secwatch.observer — SEC 8-K summary
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Issuer:     TRICO BANCSHARES / (TCBK)
CIK:        0000356171
Form:       8-K
Filed at:   2026-07-15T20:16:09+00:00
Accession:  0001104659-26-083891
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356171/000110465926083891/0001104659-26-083891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356171/000110465926083891/tm2620289d8_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-083891

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