Form 4: Five Star Bancorp CEO James Beckwith Sells 4,000 Shares

James Beckwith, President & CEO of Five Star Bancorp, sold 4,000 shares of common stock at a price of $30.2467 on February 28, 2025.

Summary

• On February 28, 2025, James Eugene Beckwith, the President & CEO and a director of Five Star Bancorp, sold 4,000 shares of the company's common stock.
• The transaction was executed at a price of $30.2467 per share.
• Following the transaction, Mr. Beckwith directly owns no shares but indirectly owns 476,381 shares through a family trust.
• He also has indirect ownership through his daughter, two sons, and daughter-in-law.
• Mr. Beckwith disclaims beneficial ownership of the shares held by his family members.
• The shares held in the Beckwith Family Trust are subject to vesting schedules based on continued employment with Five Star Bancorp.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by the CEO. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. Investors often monitor these filings to gauge executive sentiment and potential future performance.

Stakeholder Impact

• The stock sale by the CEO could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.
• However, the impact is likely to be minimal given the relatively small size of the transaction compared to the CEO's overall holdings.

Key Dates