FIVE STAR BANCORP SEC Filings

Five Star Bancorp executive reports small stock sale

Five Star Bancorp's EVP & Chief Operating Officer, Lydia A. Ramirez-Medina, reported selling 600 shares of the company's common stock on 11/19/2025 at a price of $33.07 per share. Following this transaction, she beneficially owns 11,360 shares of Five Star Bancorp common stock.

Her holdings include shares granted under the Five Star Bancorp 2021 Equity Incentive Plan. This consists of 4,332 shares (with 3,465 already vested and 867 scheduled to vest over the remainder of a five-year period), 6,000 shares (with 1,200 vested and 4,800 scheduled to vest over the remainder of a five-year period), and 3,629 additional shares that are scheduled to vest in equal installments over a five-year period beginning in 2026, in each case contingent on continued employment.

Five Star Bancorp reported stronger results for the quarter ended September 30, 2025. Net income rose to $16.3 million from $10.9 million a year ago, and diluted EPS was $0.77 versus $0.52. Net interest income increased to $39.3 million from $30.4 million as loan yields and earning assets expanded, while the provision for credit losses was $2.5 million, down from $2.8 million.

Total assets reached $4.64 billion (up from $4.05 billion at December 31, 2024). Loans held for investment were $3.89 billion versus $3.53 billion, and deposits were $4.10 billion versus $3.56 billion, including $925.5 million of reciprocal network deposits. Noninterest expense was $16.6 million compared with $13.8 million. Credit quality metrics remained manageable: non‑accrual loans were $2.13 million versus $1.80 million and the allowance for credit losses was $42.1 million versus $37.8 million. Shares outstanding were 21,367,387 as of October 31, 2025.

Five Star Bancorp announced new change in control agreements for two executives at its bank subsidiary: CFO Heather Luck and Chief Banking Officer Michael Rizzo. If either executive is terminated without “Cause,” death, or “Disability,” or resigns for “Good Reason,” in the year following a Qualifying Change in Control, they will receive a lump-sum severance equal to 12 months of base salary plus their most recently paid annual cash bonus, payable within 70 days of termination, subject to a customary release.

Any continued, assumed, substituted, or replaced equity awards that remain outstanding as of the termination date will fully vest, with time-based conditions deemed satisfied and performance-based conditions deemed met at target (unless an award agreement states otherwise). Payments are subject to a Section 280G excise-tax cutback if that yields a better after-tax result. The agreements expire on December 31, 2028 if no Qualifying Change in Control occurs.

Five Star Bancorp furnished an update on its financial results and investor communications. The company issued a press release announcing results of operations and financial condition for the quarter ended September 30, 2025, and made the materials available as exhibits.

The company will host an earnings call on October 28, 2025 at 10:00 AM PT/1:00 PM ET to discuss third quarter 2025 results. The press release is furnished under Item 2.02 and the investor presentation under Item 7.01; both are not deemed “filed” for Exchange Act Section 18 purposes. Exhibits include 99.1 (press release) and 99.2 (Q3 2025 investor presentation).

Five Star Bancorp announced that its Board declared a quarterly cash dividend of $0.20 per share. Shareholders of record as of November 3, 2025 are scheduled to receive payment on November 10, 2025. The disclosure was furnished under Regulation FD (Item 7.01), with the related press release attached as Exhibit 99.1.

Five Star Bancorp announced the anticipated dates for its earnings release and webcast covering the third quarter ended September 30, 2025. The company disclosed this via a press release dated October 14, 2025.

The press release is furnished as Exhibit 99.1 under Item 7.01 (Regulation FD) and is not deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference except as specifically stated.

Five Star Bancorp (FSBC) insider filing: Lydia A. Ramirez-Medina, EVP & Chief Operating Officer and director, reported a sale of 825 shares of Five Star Bancorp common stock on 08/15/2025 at a reported price of $30.9438 per share. After the sale she beneficially owns 11,960 shares. The filing discloses equity awards under the Five Star Bancorp 2021 Equity Incentive Plan: 4,332 shares (3,465 vested, 867 scheduled to vest), 6,000 shares (1,200 vested, 4,800 scheduled to vest), and 3,629 shares scheduled to vest beginning in 2026. The form is signed by an attorney-in-fact.