Form 4: Robert Perry-Smith Reports Acquisition of Five Star Bancorp Shares

Director Robert Perry-Smith reports the acquisition of 68 shares of Five Star Bancorp common stock, along with holdings of unvested shares and shares held in a trust.

Summary

• Robert Perry-Smith, a director of Five Star Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• On May 1, 2025, Mr. Perry-Smith acquired 68 shares of common stock at $0 per share.
• Following the transaction, Mr. Perry-Smith beneficially owns 226,561 shares, including shares held indirectly through a trust.
• The acquired shares were granted under the Five Star Bancorp 2021 Equity Incentive Plan and are scheduled to vest on December 31, 2025, contingent on Mr. Perry-Smith remaining a director.
• The reported holdings include 1,165 unvested shares also granted under the 2021 Equity Incentive Plan, vesting on the same date with the same condition.
• Shares are also held in the Robert T. Perry-Smith Exemption Trust, for which he serves as trustee.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock transactions. The acquisition of shares could be interpreted as a positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director could be seen as a positive sign of confidence in the company.

Future Outlook

The vesting of shares on December 31, 2025, is contingent on Mr. Perry-Smith remaining a director of Five Star Bancorp.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company's stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

Keywords

Form 4, beneficial ownership, Five Star Bancorp, FSBC, Robert Perry-Smith, equity incentive plan, director, shares