Form 4: Stellar Bancorp Director William E. Wilson Jr. Reports Stock Sale
SEC Form 4 Filing
Director William E. Wilson Jr. of Stellar Bancorp, Inc. reports selling 440 shares of common stock at $30.705 per share on November 6, 2024.
Summary
- On November 6, 2024, William E. Wilson Jr., a director of Stellar Bancorp, Inc., sold 440 shares of common stock at a price of $30.705 per share.
- Following the transaction, Mr. Wilson directly owns no shares but indirectly owns 95,694 shares through his spouse and 12,000 shares through the Caldwell McFaddin Mineral Trust.
- The sale was reported on November 8, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This sale represents a small percentage of the director's overall holdings.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but the amount is relatively small.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of stock sale transaction |
| 11/08/2024 | Date of Form 4 filing |
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