Form 4: Stellar Bancorp Executive Sells Shares for Tax

Stellar Bancorp's Senior Executive VP, CCO Joe F. West, disposed of 676 shares of common stock to cover tax liabilities from vested restricted shares.

Summary

• Joe F. West, Senior Executive VP and Chief Compliance Officer of Stellar Bancorp, Inc. (STEL), reported a transaction on March 15, 2026.
• The transaction involved the disposition of 676 shares of Stellar Bancorp Common Stock.
• These shares were withheld to satisfy tax liability associated with the vesting of previously reported restricted shares.
• The shares were disposed of at a price of $35.51 per share.
• Following this transaction, Joe F. West beneficially owns 102,193 shares of Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this transaction as neutral, as it represents a routine tax withholding for vested restricted shares, which is a common and expected part of executive compensation.

Industry Context

StockSavvy.ai notes that tax withholdings for vested restricted stock are a common and routine occurrence for executives receiving equity compensation, reflecting a standard mechanism for managing tax obligations upon vesting.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine tax withholding transaction for executive compensation and not a discretionary sale.

Key Dates

Keywords

Stellar Bancorp, STEL, Insider Transaction, Form 4, Joe F. West, Tax Withholding, Restricted Stock Units, Executive Compensation