Form 4: Stellar Bancorp Exec Sells Shares for Tax Liability

Stellar Bancorp's Senior Executive VP and CCO, Joe F West, reported the disposition of 315 common shares to cover tax obligations from restricted stock vesting.

Summary

• Joe F West, Senior Executive VP and CCO of Stellar Bancorp, Inc. (STEL), reported a transaction involving company common stock.
• On December 31, 2025, 315 shares of common stock were disposed of.
• This disposition was to satisfy tax liability related to the vesting of previously reported restricted shares.
• The shares were valued at $30.94 per share for the purpose of this transaction.
• Following this transaction, Joe F West beneficially owns 96,829 shares of Stellar Bancorp common stock directly.

Sentiment

Score: 5

Explanation: This is a routine Form 4 filing disclosing an insider transaction for tax purposes, which is neutral in sentiment. It does not reflect positively or negatively on the company's operational performance or future prospects.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction by an executive to cover tax obligations from restricted stock vesting.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Stellar Bancorp, STEL, Joe F West, Insider Transaction, Form 4, Common Stock, Tax Liability, Restricted Stock Vesting, Executive Share Sale