SIERRA BANCORP 10-Q

ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS (c) Stock Repurchases In October 2025, the Board approved the 2025 Share Repurchase Plan by authorizing 1,000,000 shares of common stock for repurchase which expires 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 January 1 - January 31, 2026 ​ 88,239 ​ ​ 33.61 ​ 88,239 ​ 689,722 February 1 - February 28, 2026 ​ 175,393 ​ ​ 36.97 ​ 175,393 ​ 514,329 March 1 - March 31, 2026 ​ — ​ ​ — ​ — ​ 514,329 Total ​ 263,632 ​ ​ ​ ​ 263,632 ​ ​ (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