Five Star Bancorp director buys 96,591 shares
Five Star Bancorp director and ten percent owner Larry Eugene Allbaugh indirectly purchased 96,591 shares of common stock on July 22, 2026 at $44 per share in open market or private transactions through trusts where he serves as trustee.
Rhea-AI Filing Summary
Five Star Bancorp director and ten percent owner Larry Eugene Allbaugh indirectly purchased 96,591 shares of common stock on July 22, 2026 at $44 per share in open market or private transactions through trusts where he serves as trustee.
After these purchases, the Larry and Laura Allbaugh Living Trust held 507,401 shares, including 974 unvested shares under the 2021 Equity Incentive Plan scheduled to vest on December 31, 2026 if he remains a director. The Oates Administrative Trust held 1,101,687 shares, and additional indirect holdings are reported in various QSST subtrusts and Buzz Oates entities, for many of which Allbaugh disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 96,591 shares
Net Buy
8 txns
Insider
Allbaugh Larry Eugene
Role
Director, 10% Owner
Bought
96,591 shs ($4.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 5,682 | $44.00 | $250K |
| Purchase | Common Stock F3, F4 | 90,909 | $44.00 | $4.00M |
| holding | Common Stock F4, F5 | -- | -- | -- |
| holding | Common Stock F4, F6 | -- | -- | -- |
| holding | Common Stock F4, F7 | -- | -- | -- |
| holding | Common Stock F4, F8 | -- | -- | -- |
| holding | Common Stock F9 | -- | -- | -- |
| holding | Common Stock F10 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 507,401 shares (Indirect, By self as Trustee);
Common Stock — 1,101,687 shares (Indirect, OAT Trustee);
Common Stock — 260,695 shares (Indirect, J Oates-Holt QSST Trustee);
Common Stock — 410,695 shares (Indirect, K Oates-Fairrington QSST Trustee);
Common Stock — 410,695 shares (Indirect, M Applegate QSST Trustee);
Common Stock — 410,695 shares (Indirect, P Oates QSST Trustee);
Common Stock — 10,000 shares (Indirect, Buzz Oates LLC Non-Member Manager);
Common Stock — 10,000 shares (Indirect, Buzz Oates Group of Companies Shareholder)
Footnotes (10)
- F1. Includes 974 unvested shares 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. Allbaugh, remains as a director with Five Star Bancorp on that date.
- F2. Shares are held by the Larry and Laura Allbaugh Living Trust dated November 5, 1997, for which Mr. Allbaugh serves as a trustee.
- F3. Shares are held by the Oates Administrative Trust, for which Mr. Allbaugh serves as a trustee.
- F4. As trustee of this trust, Mr. Allbaugh has voting and dispositive power over these shares and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. However, Mr. Allbaugh is not the beneficiary of this trust. Accordingly, Mr. Allbaugh disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Allbaugh is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F5. Shares are held by the QSST Subtrust of the Judy Oates-Holt Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- F6. Shares are held by the QSST Subtrust of the Kathryn Oates-Fairrington Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- F7. Shares are held by the QSST Subtrust of the Marvilyn E. Applegate Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- F8. Shares are held by the QSST Subtrust of the Philip D. Oates Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- F9. Shares are held by Buzz Oates LLC, of which Mr. Allbaugh is a non-member manager. Mr. Allbaugh disclaims beneficial ownership of the shares held by Buzz Oates LLC.
- F10. Shares are held by Buzz Oates Group of Companies, of which Mr. Allbaugh is a shareholder and the Chief Executive Officer. Mr. Allbaugh has significant influence over Buzz Oates Group of Companies and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. Mr. Allbaugh disclaims beneficial ownership of the shares held by Buzz Oates Group of Companies, except to the extent of his pecuniary interest therein.
Key Figures
Total shares purchased: 96,591 shares
First purchase: 5,682 shares at $44.00 per share
Second purchase: 90,909 shares at $44.00 per share
+3 more
6 metrics
Total shares purchased
96,591 shares
Common Stock acquired indirectly on July 22, 2026 by Larry Eugene Allbaugh via trusts
First purchase
5,682 shares at $44.00 per share
Indirect holding by Larry and Laura Allbaugh Living Trust, with Allbaugh as trustee
Second purchase
90,909 shares at $44.00 per share
Indirect holding by Oates Administrative Trust, with Allbaugh as trustee
Living Trust holdings
507,401 shares
Total Common Stock held by Larry and Laura Allbaugh Living Trust after July 22, 2026 transactions
Unvested equity awards
974 shares
Unvested shares under Five Star Bancorp 2021 Equity Incentive Plan vesting December 31, 2026 if Allbaugh remains director
Oates Administrative Trust holdings
1,101,687 shares
Common Stock held indirectly through Oates Administrative Trust after reported purchase
Key Terms
QSST Subtrust, indirect beneficial owner, pecuniary interest, 2021 Equity Incentive Plan, +1 more
5 terms
QSST Subtrust financial
"Shares are held by the QSST Subtrust of the Judy Oates-Holt Irrevocable Trust"
indirect beneficial owner financial
"may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16"
pecuniary interest financial
"disclaims beneficial ownership of the shares held by Buzz Oates Group of Companies, except to the extent of his pecuniary interest"
2021 Equity Incentive Plan financial
"unvested shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan"
Section 16 regulatory
"indirect beneficial owner of such shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What FSBC insider transactions did Larry Eugene Allbaugh report on July 22, 2026?
Larry Eugene Allbaugh reported two indirect purchases of Five Star Bancorp common stock on July 22, 2026, totaling 96,591 shares at $44 per share, executed through trusts where he serves as trustee rather than in a personal brokerage account.
What are the post-transaction holdings of the Larry and Laura Allbaugh Living Trust in FSBC?
Following the reported trades, the Larry and Laura Allbaugh Living Trust holds 507,401 Five Star Bancorp shares, including 974 unvested shares granted under the 2021 Equity Incentive Plan that are scheduled to vest on December 31, 2026, contingent on Allbaugh’s continued board service.
What unvested FSBC equity awards does Larry Allbaugh report, and when do they vest?
Allbaugh reports 974 unvested Five Star Bancorp shares granted under the 2021 Equity Incentive Plan. All these shares are scheduled to vest on December 31, 2026, provided he remains a director of Five Star Bancorp through that vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
