Form 4: Stellar Bancorp Executive Sells Shares for Tax

Stellar Bancorp's SEVP, GC & Secretary, Justin M. Long, disposed of 374 shares of common stock to cover tax liabilities related to restricted stock vesting.

Summary

• Justin M. Long, SEVP, General Counsel & Secretary of Stellar Bancorp, Inc. (STEL), reported a transaction involving the company's common stock.
• On December 31, 2025, Mr. Long disposed of 374 shares of common stock.
• The shares were disposed of at a price of $30.94 per share.
• This transaction was executed to satisfy tax liability associated with the vesting of previously reported restricted shares of Common Stock.
• Following this transaction, Mr. Long beneficially owns 47,489 shares of Stellar Bancorp common stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction (shares withheld for tax liability upon vesting of restricted stock) and does not reflect a change in the insider's investment sentiment or the company's operational performance.

Industry Context

This filing is a routine insider transaction report, common across all industries, detailing an executive's disposal of shares to cover tax obligations upon the vesting of restricted stock. It does not provide insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a small, routine transaction for tax purposes and does not signal a change in company fundamentals or executive confidence.
• Employees: No direct impact.

Key Dates

Keywords

Stellar Bancorp, STEL, Insider Transaction, Form 4, Stock Sale, Tax Liability, Restricted Stock, Executive Compensation