SIERRA BANCORP 10-Q

ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS (c) Stock Repurchases In October 2024, the Board approved the 2024 Share Repurchase Plan by authorizing 1,000,000 shares of common stock for repurchase which expired on October 31, 2025. A new Share Repurchase Program was approved by the Board in October 2025, authorizing 1,000,000 shares of common stock for repurchase beginning at the end of the expiration of the share repurchase program on October 31, 2025, and expiring on October 31, 2026. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Stock Repurchases ​ ​ ​ ​ ​ ​ ​ ​ ​ Period ​ Total Number of Shares Purchased (1) ​ ​ Average Price Paid per Share ​ Total Number of Shares Purchased as Part of a Publicly Announced Plan ​ Maximum Number (or Approximate Dollar Value) of Shares That May Yet Be Purchased Under the Plan at the End of the Period July 1 - July 31, 2025 ​ 99,677 ​ ​ 31.10 ​ 99,677 ​ 90,665 August 1 - August 31, 2025 ​ 58,490 ​ ​ 29.70 ​ 58,490 ​ 32,175 September 1 - September 30, 2025 ​ 32,175 ​ ​ 30.38 ​ 32,175 ​ — Total ​ 190,342 ​ ​ ​ ​ 190,342 ​ ​ (1) The total number of shares purchased during the periods indicated includes shares purchased as part of a publicly-announced programs and/or shares received from employees upon the vesting of restricted stock awards in satisfaction of applicable tax withholding obligations, as is permitted under the Company’s equity compensation plans. ​ ​ ​ ​ ITEM 3: DEFAULTS UPON SENIOR SECURITIES Not applicable ITEM 4: MINE SAFETY DISCLOSURES Not applicable