Form 4: Five Star Bancorp Executive Receives Stock Grant

Lydia Ann Ramirez-Medina, EVP and COO of Five Star Bancorp, received a grant of 2,715 shares of common stock under the company's 2021 Equity Incentive Plan.

Summary

• Lydia Ann Ramirez-Medina, Executive Vice President and Chief Operating Officer of Five Star Bancorp, was granted 2,715 shares of common stock on May 21, 2026.
• This grant is part of the Five Star Bancorp 2021 Equity Incentive Plan.
• The shares vest annually over five years, contingent on continued employment.
• Following this transaction, Ramirez-Medina beneficially owns 13,675 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard executive stock grant and does not contain significant financial performance data or strategic shifts.

Positives

• Grant of 2,715 shares of common stock to a key executive, indicating continued investment in leadership.
• The shares are part of an equity incentive plan designed to retain and motivate employees.
• The executive's beneficial ownership increases to 13,675 shares, aligning their interests with shareholders.

Risks

• Vesting of the granted shares is contingent upon continued employment, meaning forfeiture is possible if employment ceases before vesting.
• The filing does not provide details on the market value of the granted shares at the time of the award.

Future Outlook

The vesting schedule indicates a five-year outlook for the retention of the granted shares, dependent on continued employment.

Industry Context

StockSavvy.ai notes that equity incentive plans are a common tool in the banking sector for attracting and retaining executive talent, aligning their long-term interests with company performance and shareholder value.

Stakeholder Impact

• Shareholders: The grant aligns executive interests with long-term company performance, potentially benefiting shareholders.
• Employees: The equity incentive plan signals a culture of rewarding performance and retention within the company.
• Management: Ms. Ramirez-Medina's beneficial ownership increases, reinforcing her stake in the company's success.

Next Steps

• Continued employment by Ms. Ramirez-Medina for the shares to vest over the next five years.

Key Dates

Keywords

Five Star Bancorp, FSBC, Form 4, Stock Grant, Equity Incentive Plan, Executive Compensation, Lydia Ann Ramirez-Medina, Beneficial Ownership