Form 4: Five Star Bancorp Director Kevin Ramos Reports Acquisition of Shares
SEC Form 4 Filing
Director Kevin Ramos reports acquiring 68 shares of Five Star Bancorp common stock and indirectly holding 10,000 shares through Buzz Oates Group of Companies.
Summary
- On May 1, 2025, Kevin Francis Ramos, a director of Five Star Bancorp, acquired 68 shares of common stock.
- These shares were acquired at a price of $0.
- Following the transaction, Mr. Ramos directly owns 170,890 shares and indirectly owns 10,000 shares through Buzz Oates Group of Companies.
- The 68 shares were granted under the Five Star Bancorp 2021 Equity Incentive Plan and will vest on December 31, 2025, contingent on Mr. Ramos remaining a director.
- Mr. Ramos also indirectly holds shares through the Kevin and Kathleen Ramos Living Trust and Buzz Oates Group of Companies, where he serves as Chief Investment Officer.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it is a standard disclosure of share acquisition by a director. The acquisition itself can be seen as a slightly positive sign.
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.
Future Outlook
The vesting of the acquired shares is contingent on Mr. Ramos remaining a director of Five Star Bancorp on December 31, 2025.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the ownership of company stock by its directors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 10-26-99 | Date the Kevin and Kathleen Ramos Living Trust was established |
| 05/01/2025 | Date of transaction: acquisition of 68 shares of common stock |
| 05/02/2025 | Date of signature on the report |
| 12/31/2025 | Vesting date for the acquired shares, contingent on Mr. Ramos remaining a director |
Keywords
Form 4, Beneficial Ownership, Director, Equity Incentive Plan, Five Star Bancorp, FSBC, Kevin Ramos, Shares
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