Five Star Bancorp (FSBC) executive’s family trust sells 1,200 shares

Rhea-AI Filing Summary

Five Star Bancorp’s family revocable trust associated with SVP & Chief Regulatory Officer Michael E. Lee sold 1,200 shares of common stock in an open-market transaction at $40.735 per share. After this sale, the trust holds 36,472 shares indirectly. These holdings include multiple equity awards under the 2021 Equity Incentive Plan, with portions already vested and others scheduled to vest over five-year periods contingent on Mr. Lee’s continued employment.

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^*

Lee Michael Eugene

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Regulatory Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		S		1,200	D	$40.735	36,472(1)	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. Includes 4,332 shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan (including 3,465 shares which have vested and 867 which are scheduled to vest in equal installments over the remainder of a five-year period, provided Mr. Lee remains employed by Five Star Bancorp on the respective vesting dates), 6,000 shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan (including 2,400 shares which have vested and 3,600 which are scheduled to vest in equal installments over the remainder of a five-year period, provided Mr. Lee remains employed by Five Star Bancorp on the respective vesting dates), and 907 shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan which are scheduled to vest in equal installments over a five-year period beginning in 2026, provided Mr. Lee remains employed by Five Star Bancorp on the respective vesting dates.

2. Shares are held by The Michael E. Lee & Kaylin M. Fadel-Lee Family Revocable Trust, for which Mr. Lee serves as a trustee.

Remarks:

	/s/ Michael E. Lee, by Heather C. Luck, Attorney-in-Fact	02/19/2026
	** 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 Five Star Bancorp (FSBC) report for Michael E. Lee?

Five Star Bancorp reported that a family revocable trust associated with executive Michael E. Lee sold 1,200 shares of common stock in an open-market transaction at $40.735 per share, leaving 36,472 shares indirectly held after the sale.

Who executed the recent FSBC share sale disclosed for Michael E. Lee?

The shares were held and sold by The Michael E. Lee & Kaylin M. Fadel-Lee Family Revocable Trust, for which Michael E. Lee serves as trustee, meaning the transaction is attributed to the trust rather than to Lee personally.

How many Five Star Bancorp shares does the trust hold after the 1,200-share sale?

After selling 1,200 shares, the trust associated with Michael E. Lee holds 36,472 shares of Five Star Bancorp common stock indirectly, according to the Form 4 ownership table following the reported open-market transaction.

At what price were Michael E. Lee’s indirectly held FSBC shares sold?

The 1,200 Five Star Bancorp shares held by the family revocable trust were sold in an open-market transaction at an average price of $40.735 per share, as disclosed in the Form 4 transaction detail.

What equity awards are included in Michael E. Lee’s reported FSBC holdings?

Reported holdings include 4,332 shares under the 2021 Equity Incentive Plan (3,465 vested, 867 scheduled to vest), 6,000 shares (2,400 vested, 3,600 scheduled to vest), and 907 additional shares scheduled to vest starting in 2026, subject to continued employment.

What is Michael E. Lee’s role at Five Star Bancorp related to this Form 4 filing?

Michael E. Lee serves as Senior Vice President and Chief Regulatory Officer of Five Star Bancorp. The Form 4 reports an indirect open-market sale of shares held by a family revocable trust for which he is a trustee.