{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-21-011987","form_type":"8-K","ticker":"BSRR","cik":"0001130144","company_name":"SIERRA BANCORP","filed_at":"2021-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.232183+00:00","generated_at":"2026-06-29T08:34:38.864698+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sierra Bancorp director resigns; CRO terminated, Boyle assumes dual role","bullets":["Director Robb Evans retired and resigned effective August 19, 2021.","EVP & CRO Matthew Macia employment terminated by mutual agreement effective Aug 20; receives one year base salary severance.","Hugh Boyle appointed Chief Risk Officer while retaining Chief Credit Officer role; salary increased $24k to $414k.","Boyle previously served as CRO and CCO at Banc of California."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-21-011987","json":"https://secwatch.observer/filing/0001558370-21-011987.json","markdown":"https://secwatch.observer/filing/0001558370-21-011987.md","text":"https://secwatch.observer/filing/0001558370-21-011987.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1130144/000155837021011987/0001558370-21-011987-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1130144/000155837021011987/bsrr-20210819x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T08:34:38.864698+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":[{"claim_id":"3a4fba39c7","claim":"Matthew Macia was terminated as Executive Vice President and Chief Risk Officer at SIERRA BANCORP.","evidence_excerpt":"Additionally, effective on August 20, 2021, the Company, Bank of the Sierra, and Mr. Matthew Macia, the Company’s and Bank of the Sierra’s Executive Vice President and Chief Risk Officer, mutually agreed to the termination of his employment and employment agreement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1130144/000155837021011987/0001558370-21-011987-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Executive Vice President and Chief Risk Officer"}],"fact_type":"executive_change"},{"claim_id":"879d2741fa","claim":"Hugh Boyle was appointed as Chief Risk Officer and Chief Credit Officer at SIERRA BANCORP.","evidence_excerpt":"Effective August 20, 2021, Mr. Hugh Boyle, the Company’s and Bank of the Sierra’s Executive Vice President and Chief Credit Officer was appointed Chief Risk Officer and will continue to serve as both Chief Credit Officer and Chief Risk Officer, a joint role he previously held at a prior financial institution.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1130144/000155837021011987/0001558370-21-011987-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Risk Officer and Chief Credit Officer"}],"fact_type":"executive_change"},{"claim_id":"d489fa099a","claim":"Robb Evans resigned as Director at SIERRA BANCORP.","evidence_excerpt":"On August 19, 2021, Director Robb Evans announced his retirement and tendered his resignation as a director of Sierra Bancorp (the “Company”) (Nasdaq: BSRR) and the Company’s wholly owned subsidiary, Bank of the Sierra, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1130144/000155837021011987/0001558370-21-011987-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}