Form 4: Five Star Bancorp SVP & CIO Sells Shares
Insider Transaction Report
Five Star Bancorp's SVP & CIO sold 2,583 common shares at $41.1067.
Summary
- Brett Levi Wait, Senior Vice President and Chief Information Officer (SVP & CIO) of Five Star Bancorp (FSBC), reported a transaction.
- On May 14, 2026, Mr. Wait disposed of 2,583 shares of Five Star Bancorp Common Stock.
- The shares were sold at a price of $41.1067 per share.
- Following this transaction, Mr. Wait beneficially owns 17,608 shares of common stock.
- Beneficial ownership includes 6,000 shares granted under the 2021 Equity Incentive Plan (2,400 vested, 3,600 unvested).
- It also includes 907 shares from the 2021 Equity Incentive Plan (181 vested, 726 unvested).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral disclosure of an insider transaction, which is a routine regulatory filing. The sale itself does not inherently indicate positive or negative company performance without additional context.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider sales, while not inherently negative, are often scrutinized by investors for potential signals regarding management's confidence in the company's future prospects. This transaction involves an SVP & CIO, a key executive role within Five Star Bancorp.
Stakeholder Impact
- Shareholders may interpret an insider sale as a potential signal regarding management's confidence, though it could also be for personal financial planning reasons.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Transaction Date for sale of common stock |
| 05/15/2026 | Signature Date of Reporting Person |
Recommendation
holdA single insider sale by an SVP & CIO, while noteworthy, does not provide sufficient information to warrant a strong buy or sell recommendation. Investors should monitor for patterns of insider activity and consider this transaction in conjunction with the company's broader financial performance and market conditions.
Keywords
Five Star Bancorp, FSBC, Insider Trading, Stock Sale, Executive Compensation, Form 4, Brett Levi Wait
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