{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-086869","form_type":"8-K","ticker":"BSRR","cik":"0001130144","company_name":"SIERRA BANCORP","filed_at":"2026-07-27T12:41:46+00:00","discovered_at":"2026-07-27T12:45:01.385376+00:00","generated_at":"2026-07-27T12:45:09.869181+00:00","sec_items":["8.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Sierra Bancorp adopts Director Emeritus retirement plan with 3-year 50% retainer benefit","bullets":["Eligible directors with 10+ years service (or 5+5) can retire as Director Emeritus and receive 50% of annual cash retainer for 3 years.","Upon Change in Control, all non-employee directors get 1.5x annual retainer lump sum, replacing other benefits.","Plan includes non-compete, non-disparagement, confidentiality obligations, and board observer rights.","Plan effective July 23, 2026; administered by Board or committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-086869","json":"https://secwatch.observer/filing/0001104659-26-086869.json","markdown":"https://secwatch.observer/filing/0001104659-26-086869.md","text":"https://secwatch.observer/filing/0001104659-26-086869.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1130144/000110465926086869/0001104659-26-086869-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1130144/000110465926086869/bsrr-20260723x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-27T12:45:09.869181+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}