Form 4: Five Star Bancorp SVP & COO Lydia Ann Ramirez-Medina Sells Shares
SEC Form 4 Filing
Lydia Ann Ramirez-Medina, SVP & COO of Five Star Bancorp, sold 500 shares of common stock on September 5, 2024.
Summary
- On September 5, 2024, Lydia Ann Ramirez-Medina, SVP & COO & Chief DE&I Officer of Five Star Bancorp, sold 500 shares of common stock at a price of $28.62 per share.
- Following the transaction, Ms. Ramirez-Medina beneficially owns 9,756 shares of Five Star Bancorp common stock.
- The reported holdings include 1,734 unvested shares vesting over a five-year period, 129 unvested shares vesting on January 1, 2025, and 6,000 unvested shares vesting over a five-year period, contingent on continued employment.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It's a routine filing and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common among corporate executives. It provides transparency to investors regarding the buying and selling of company stock by its officers.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of transaction: Sale of 500 shares of common stock. |
| 09/06/2024 | Date of signature on the Form 4 filing. |
| 01/01/2025 | Vesting date for 129 unvested shares. |
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