---
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"
generated_at: "2026-07-27T12:45:09.869181+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Sierra Bancorp adopts Director Emeritus retirement plan with 3-year 50% retainer benefit

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-086869
- JSON: https://secwatch.observer/filing/0001104659-26-086869.json
- Plain text: https://secwatch.observer/filing/0001104659-26-086869.txt

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