STOCK TITAN

Five Star Bancorp (FSBC) director granted 974 incentive shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Five Star Bancorp director David F. Nickum, through the Nickum Family Trust, was granted 974 shares of common stock. The award was made at a price of $0 under the Five Star Bancorp 2021 Equity Incentive Plan and is scheduled to vest on December 31, 2026, if he remains a director.

After this grant, 179,876 shares of Five Star Bancorp common stock are beneficially owned indirectly, held by the Nickum Family Trust for which he serves as trustee.

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Insider Nickum David Frank
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 974 $0.00 --
Holdings After Transaction: Common Stock — 179,876 shares (Indirect, By self as trustee)
Footnotes (1)
  1. Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan with all shares scheduled to vest on December 31, 2026, provided the reporting person, Mr. Nickum, remains as a director with Five Star Bancorp on that date. Shares are held by the Nickum Family Trust dated March 14, 2008, for which Mr. Nickum serves as a trustee.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nickum David Frank

(Last) (First) (Middle)
C/O FIVE STAR BANCORP
3100 ZINFANDEL DRIVE, SUITE 100

(Street)
RANCHO CORDOVA CA 95670

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIVE STAR BANCORP [ FSBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/29/2026 A 974(1) A $0 179,876 I By self as trustee(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan with all shares scheduled to vest on December 31, 2026, provided the reporting person, Mr. Nickum, remains as a director with Five Star Bancorp on that date.
2. Shares are held by the Nickum Family Trust dated March 14, 2008, for which Mr. Nickum serves as a trustee.
Remarks:
/s/ David F. Nickum, by Heather C. Luck, Attorney-in-Fact 02/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did FSBC director David F. Nickum report?

David F. Nickum reported an award of 974 shares of Five Star Bancorp common stock. The shares were granted at $0 under the company’s 2021 Equity Incentive Plan and increase his indirectly held beneficial ownership through the Nickum Family Trust to 179,876 shares.

How many Five Star Bancorp (FSBC) shares does David Nickum now beneficially own?

Following the reported grant, 179,876 Five Star Bancorp common shares are beneficially owned. These shares are held indirectly by the Nickum Family Trust dated March 14, 2008, for which David F. Nickum serves as trustee, according to the Form 4 disclosure.

What are the vesting terms of David Nickum’s new FSBC stock grant?

The 974-share grant is scheduled to vest on December 31, 2026. Vesting is conditioned on David F. Nickum continuing to serve as a director of Five Star Bancorp through that date, under the company’s 2021 Equity Incentive Plan, as disclosed in the Form 4 footnotes.

Who legally holds the FSBC shares reported by David F. Nickum?

The shares are held by the Nickum Family Trust dated March 14, 2008. David F. Nickum serves as a trustee of this trust, and the Form 4 describes his ownership as indirect, “By self as trustee,” reflecting his trustee role over the trust’s holdings.

Was cash paid for the Five Star Bancorp shares granted to David Nickum?

No cash was paid for the 974-share grant, which is reported at a price of $0 per share. The shares were issued under the Five Star Bancorp 2021 Equity Incentive Plan as an equity award to director David F. Nickum, subject to future vesting conditions.