4/A: Stellar Bancorp Executive Chairman Corrects Stock Ownership in Amended SEC Filing
SEC Filing (Form 4/A Amendment)
Steven F. Retzloff, Executive Chairman of Stellar Bancorp, files an amendment to a previous Form 4 to correct the number of shares of common stock directly owned.
Summary
- Steven F. Retzloff, Executive Chairman of Stellar Bancorp, filed an amended Form 4 with the SEC.
- The amendment corrects an error in the original Form 4 filed on March 19, 2024, regarding the number of shares of Stellar Bancorp common stock directly owned.
- The original filing incorrectly stated that Retzloff directly owned 140,948 shares.
- The corrected filing indicates that Retzloff directly owns 140,030 shares of common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing. It doesn't indicate any significant positive or negative developments for the company.
Negatives
- The original Form 4 contained an error regarding the number of shares directly owned by the Executive Chairman.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of earliest transaction |
| 03/19/2024 | Date of original Form 4 filing with incorrect information |
| 03/21/2024 | Date of amended Form 4/A filing with corrected information |
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