Five Star Bancorp (FSBC) director granted 974 incentive shares
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
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.
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.