Form 4: Stellar Bancorp Executive Transfers Shares Pursuant to Domestic Relations Order

Justin M. Long, SEVP, GC & Secretary of Stellar Bancorp, Inc., reported the transfer of 181 shares of common stock to his ex-spouse as per a domestic relations order.

Summary

• Justin M. Long, the SEVP, General Counsel, and Secretary of Stellar Bancorp, Inc. (STEL), filed a Form 4 to report a change in his beneficial ownership.
• On June 13, 2025, Mr. Long disposed of 181 shares of Stellar Bancorp, Inc. common stock.
• This disposition was a transfer to his ex-spouse pursuant to a domestic relations order, with a reported price of $0 per share.
• Following this transaction, Mr. Long's direct beneficial ownership stands at 49,254 shares of Stellar Bancorp, Inc. common stock.
• The filing clarifies that Mr. Long no longer reports as beneficially owned any securities held by his ex-spouse.

Sentiment

Score: 5

Explanation: The filing reports a routine, legally mandated transfer of shares by an insider due to a domestic relations order. It does not reflect positively or negatively on the company's operational or financial performance or future prospects.

Negatives

• A minor reduction in the direct beneficial ownership of an executive, though this was due to a personal legal matter rather than a market sale.

Future Outlook

NA

Industry Context

This filing reports a personal transaction by an executive and does not provide information relevant to broader industry trends or competitive dynamics within the banking sector.

Stakeholder Impact

• Shareholders: Minimal impact due to the small number of shares involved and the personal, non-market nature of the transfer.
• Employees, Customers, Suppliers, Creditors: No direct impact from this personal share transfer.

Key Dates

Keywords

Stellar Bancorp, STEL, Form 4, SEC filing, insider transaction, beneficial ownership, stock transfer, domestic relations order, Justin M. Long