Form 4: Five Star Bancorp Director Donna Lucas Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Donna Lucas reports acquiring 68 shares of Five Star Bancorp common stock and indirectly holding 12,144 shares through a family trust.
Summary
- On May 1, 2025, Donna Lucas, a director of Five Star Bancorp, acquired 68 shares of common stock.
- These shares were granted under the Five Star Bancorp 2021 Equity Incentive Plan and will vest on December 31, 2025, contingent on Ms. Lucas remaining a director.
- Following the transaction, Ms. Lucas directly holds 68 shares and indirectly holds 12,144 shares through the Lucas Family Trust, where she serves as trustee.
- The 12,144 shares include 1,165 unvested shares also granted under the 2021 Equity Incentive Plan, vesting on the same date and condition.
Sentiment
Score: 6
Explanation: The document is a neutral regulatory filing. The acquisition of shares by a director is generally a positive sign, but the document itself is simply a report of the transaction.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
- The equity incentive plan aligns the interests of directors with those of shareholders.
Risks
- The vesting of the shares is contingent on Ms. Lucas remaining a director, which introduces a potential risk if she were to leave the company before the vesting date.
Future Outlook
The document does not contain specific forward-looking statements about the company's financial performance or future prospects, but the vesting of shares is tied to continued service as a director.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership positions of company insiders.
Stakeholder Impact
- Shareholders may view the director's stock acquisition as a positive signal.
- The transaction has no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| September 4, 2002 | Date of the Lucas Family Trust |
| May 1, 2025 | Date of transaction: Acquisition of 68 shares of common stock |
| May 2, 2025 | Date of signature on the Form 4 filing |
| December 31, 2025 | Vesting date for the acquired shares and other unvested shares, contingent on continued service as a director |
Keywords
Five Star Bancorp, Director, Donna Lucas, Common Stock, Equity Incentive Plan, Beneficial Ownership, Form 4, SEC
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.