Form 4: Five Star Bancorp Director Kevin Francis Ramos Acquires Shares
SEC Form 4 Filing
Director Kevin Francis Ramos of Five Star Bancorp reports purchasing 13,793 shares of common stock at $21.75 per share.
Summary
- Kevin Francis Ramos, a director at Five Star Bancorp, reported a transaction on March 28, 2024.
- Ramos purchased 13,793 shares of Five Star Bancorp common stock at a price of $21.75 per share.
- Following the transaction, Ramos directly owns 169,657 shares, including 1,638 unvested shares that will vest on December 31, 2024, if he remains a director.
- Ramos also indirectly owns 10,000 shares through Buzz Oates Group of Companies, where he is a shareholder and Chief Investment Officer.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The director's purchase suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's health.
Positives
- The purchase of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider trading activity is closely monitored as it can provide insights into a company's performance and future prospects. Purchases by insiders are often seen as a positive sign.
Stakeholder Impact
- The purchase of shares by a director may increase investor confidence.
Key Dates
| Date | Description |
|---|---|
| 10-26-99 | Date the Kevin and Kathleen Ramos Living Trust was established |
| 03/28/2024 | Date of the transaction: purchase of 13,793 shares of common stock. |
| 12/31/2024 | Date when 1,638 unvested shares are scheduled to vest, contingent on Mr. Ramos remaining a director. |
| 04/01/2024 | Date of the signature on the Form 4 filing. |
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