Five Star Bancorp (FSBC) grants EVP 2,715 restricted stock shares
Rhea-AI Filing Summary
Kurtze Don Justin reported acquisition or exercise transactions in this Form 4 filing.
Five Star Bancorp awarded EVP and SF Bay Area President Don Justin Kurtze 2,715 shares of common stock as a stock grant with no cash purchase price. The restricted stock was granted under the Five Star Bancorp 2021 Equity Incentive Plan and vests in equal annual installments over five years, so long as he remains employed on each vesting date. Following this grant, Kurtze directly holds 7,362.4164 common shares, including prior restricted stock awards that are partly vested and partly scheduled to vest over remaining three- and five-year periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,715 shares
Net Buy
1 txn
Insider
Kurtze Don Justin
Role
EVP, SF Bay Area President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,715 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 7,362.4164 shares (Direct)
Footnotes (2)
- F1. Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan. The award of restricted stock vests annually in equal installments over five years, provided Mr. Kurtze, the reporting person, remains employed by Five Star Bancorp on the respective vesting dates.
- F2. Includes 500 shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan (including 333 shares which have vested and 167 which are scheduled to vest in equal installments over the remainder of a three-year period, provided Mr. Kurtze remains employed by Five Star Bancorp on the respective vesting dates) and 3,629 shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan (including 726 shares which have vested and 2,903 which are scheduled to vest in equal installments over the remainder of a five-year period, provided Mr. Kurtze remains employed by Five Star Bancorp on the respective vesting dates).
Key Figures
Restricted stock grant: 2,715 shares
Grant price: $0.00 per share
Shares after transaction: 7,362.4164 shares
+3 more
6 metrics
Restricted stock grant
2,715 shares
Common Stock granted to EVP on May 21, 2026
Grant price
$0.00 per share
Equity award, not open-market purchase
Shares after transaction
7,362.4164 shares
Direct holdings following the grant
Five-year vesting schedule
Annual installments over 5 years
New 2,715-share restricted stock award
Prior 500-share award detail
333 vested, 167 to vest
Three-year vesting period, employment condition
Prior 3,629-share award detail
726 vested, 2,903 to vest
Five-year vesting period, employment condition
Key Terms
restricted stock, Equity Incentive Plan, vesting, grant, award, or other acquisition
4 terms
restricted stock financial
"The award of restricted stock vests annually in equal installments over five years"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Equity Incentive Plan financial
"Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting financial
"vests annually in equal installments over five years, provided Mr. Kurtze remains employed"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Five Star Bancorp (FSBC) disclose about Don Justin Kurtze in this Form 4?
Five Star Bancorp reported a grant of 2,715 shares of common stock to EVP Don Justin Kurtze. The award is compensation-related restricted stock under the 2021 Equity Incentive Plan, increasing his direct holdings to 7,362.4164 shares after the transaction.
What are Don Justin Kurtze’s total Five Star Bancorp holdings after this Form 4 transaction?
After the grant, Kurtze directly owns 7,362.4164 Five Star Bancorp common shares. This total includes multiple restricted stock awards, some already vested and others scheduled to vest over remaining three-year and five-year periods, subject to continued employment conditions.