Form 4: Five Star Bancorp Director Acquires Shares Under Equity Incentive Plan

David Frank Nickum, a director of Five Star Bancorp, acquired 68 shares of common stock on May 1, 2025, under the company's 2021 Equity Incentive Plan.

Summary

• On May 1, 2025, David Frank Nickum, a director of Five Star Bancorp, acquired 68 shares of common stock.
• The acquisition was made under the Five Star Bancorp 2021 Equity Incentive Plan.
• These shares are scheduled to vest on December 31, 2025, contingent upon Mr. Nickum remaining a director of the company on that date.
• Following the transaction, Mr. Nickum beneficially owns 178,902 shares, including 1,165 unvested shares from the same equity incentive plan.
• Some of these shares are held indirectly through the Nickum Family Trust, for which Mr. Nickum serves as trustee.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares suggests confidence in the company, but it's a small transaction within an existing compensation plan.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The vesting of the acquired shares is contingent upon Mr. Nickum remaining a director of Five Star Bancorp on December 31, 2025.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's prospects. This transaction reflects a director's continued investment in the company.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

Keywords

Five Star Bancorp, Director, Share Acquisition, Equity Incentive Plan, Beneficial Ownership, Nickum, FSBC