Form 4: Stellar Bancorp CFO Sells Shares for Tax Liability

Stellar Bancorp's CFO, Paul P Egge, disposed of 1,513 shares of common stock to cover tax obligations related to restricted stock vesting.

Summary

• Paul P Egge, Senior Executive VP and CFO of Stellar Bancorp, Inc. (STEL), reported a transaction on October 1, 2025.
• The transaction involved the disposition of 1,513 shares of Common Stock at a price of $30 per share.
• These shares were withheld to satisfy tax liability upon the vesting of previously reported restricted shares of Common Stock.
• Following this transaction, Paul P Egge beneficially owns 61,475 shares of Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-scheduled.

Sentiment

Score: 5

Explanation: The transaction is a routine, tax-related disposition of shares upon restricted stock vesting and does not indicate a change in company fundamentals or executive sentiment.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries and does not reflect specific industry trends.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction related to executive compensation and tax obligations.

Key Dates

Recommendation

The filing details a routine, tax-related disposition of shares by a senior executive upon the vesting of restricted stock. This transaction does not indicate a change in the company's fundamentals or the executive's long-term view, thus maintaining a 'hold' recommendation.

Keywords

Stellar Bancorp, STEL, Form 4, Insider Transaction, Paul P Egge, CFO, Stock Sale, Tax Withholding, Restricted Stock