Form 4: Stellar Bancorp Director Frances H. Jeter Reports Stock Disposals
SEC Form 4 Filing
Director Frances H. Jeter of Stellar Bancorp, Inc. reported the disposal of 640 shares of common stock on December 11, 2024.
Summary
- Frances H. Jeter, a director at Stellar Bancorp, Inc., reported the disposal of 640 shares of common stock.
- The transactions occurred on December 11, 2024.
- The shares were disposed of at a price of $0 per share.
- Following these transactions, Ms. Jeter directly owns 28,446 shares of Stellar Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of stock disposals by a director, which is a routine event. It does not indicate any positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is a routine disclosure of insider transactions. It is common for directors and officers to buy and sell shares of their company's stock.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States.
- The reporting requirements are consistent across all companies listed on the SEC.
Stakeholder Impact
- The stock disposal by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the share price.
Key Dates
| Date | Description |
|---|---|
| 12/11/2024 | Date of the stock disposal transactions. |
| 12/13/2024 | Date the Form 4 was signed by attorney-in-fact. |
Keywords
Stellar Bancorp, STEL, insider trading, Form 4, stock disposal, director, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.