Form 4: Five Star Bancorp Director Shannon Deary-Bell Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Shannon Deary-Bell reports purchasing 13,793 shares of Five Star Bancorp common stock at $21.75 per share, bringing her total holdings to 77,355 shares directly and additional shares indirectly through trusts.

Summary

  • On March 28, 2024, Shannon Deary-Bell, a director of Five Star Bancorp, acquired 13,793 shares of common stock at a price of $21.75 per share.
  • Following this transaction, Ms. Deary-Bell directly owns 77,355 shares of common stock.
  • Ms. Deary-Bell also indirectly owns shares through The Bell Family Revocable Trust, the Beverly B. Deary Trust, The Connor J. Bell 2018 Irrevocable Trust, and The Riley S. Bell 2018 Irrevocable Trust.
  • 1,638 of the directly held shares are unvested and will vest on December 31, 2024, contingent on Ms. Deary-Bell remaining a director.
  • Ms. Deary-Bell disclaims beneficial ownership of the shares held by The Connor J. Bell 2018 Irrevocable Trust and The Riley S. Bell 2018 Irrevocable Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director. The purchase itself can be seen as slightly positive, but the document is primarily informational.

Positives

  • A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates

DateDescription
12/14/1994Date of The Bell Family Revocable Trust
11/02/2018Date of The Connor J. Bell 2018 Irrevocable Trust and The Riley S. Bell 2018 Irrevocable Trust
03/28/2024Date of stock transaction
12/31/2024Vesting date for 1,638 unvested shares
04/01/2024Date of signature on the report

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.