Form 4: Five Star Bancorp SVP John Dalton Reports Acquisition of 907 Shares

John Dalton, SVP & Chief Credit Officer of Five Star Bancorp, reports acquiring 907 shares of common stock on May 1, 2025, under the company's equity incentive plan.

Summary

• On May 1, 2025, John Dalton, SVP & Chief Credit Officer of Five Star Bancorp, acquired 907 shares of common stock.
• The acquisition was made under the Five Star Bancorp 2021 Equity Incentive Plan.
• The shares were granted at a price of $0.
• Following the transaction, Dalton beneficially owns 31,757 shares of Five Star Bancorp common stock.
• These shares include previously granted shares under the 2021 Equity Incentive Plan, some of which are vested and some of which are scheduled to vest over a five-year period, contingent on continued employment.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of shares can be seen as a slightly positive sign, but it's not a major event.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
• The equity incentive plan aligns the executive's interests with those of the shareholders.

Risks

• The vesting of a portion of the shares is contingent on continued employment, which introduces a risk if the executive were to leave the company.

Future Outlook

The document does not contain specific forward-looking statements, but it implies continued vesting of shares based on continued employment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects standard practices for aligning executive incentives with shareholder value.

Comparison to Industry Standards

• Equity incentive plans are a common practice among publicly traded companies to attract, retain, and motivate key employees.
• The vesting schedule of five years is a typical timeframe for such grants.
• Similar filings are regularly made by executives at comparable financial institutions, such as Bank of America, JP Morgan Chase, and Wells Fargo, when they receive or dispose of company stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.

Key Dates

Keywords

Five Star Bancorp, John Dalton, Equity Incentive Plan, Beneficial Ownership, Form 4, FSBC, Shares, Stock