Form 4: Five Star Bancorp SVP & COO Lydia Ann Ramirez-Medina Sells 500 Shares

Lydia Ann Ramirez-Medina, SVP & COO of Five Star Bancorp, sold 500 shares of common stock at a price of $29.52 on July 29, 2024.

Summary

• On July 29, 2024, Lydia Ann Ramirez-Medina, the SVP & COO & Chief DE&I Officer of Five Star Bancorp, sold 500 shares of the company's common stock.
• The transaction was executed at a price of $29.52 per share.
• Following the transaction, Ms. Ramirez-Medina directly owns 10,256 shares of Five Star Bancorp common stock.
• A portion of these shares, specifically 1,734 shares, are unvested and were granted under the Five Star Bancorp 2021 Equity Incentive Plan, vesting in equal installments over five years.
• Additionally, 129 unvested shares are scheduled to vest on January 1, 2025, and 6,000 unvested shares vest in equal installments over five years, contingent on continued employment.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale of shares by an executive doesn't necessarily indicate a negative outlook, but it's a data point investors may consider.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.

Stakeholder Impact

• The sale of shares by a company executive may have a minor impact on shareholder sentiment.

Key Dates