STOCK TITAN

Five Star Bancorp (FSBC) SVP & CIO sells 2,583 common shares in open market

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Five Star Bancorp senior vice president and chief information officer Brett Levi Wait reported an open-market sale of 2,583 shares of common stock. The shares were sold at an average price of $41.1067 per share, and he now directly holds 17,608 shares.

His holdings include awards under the Five Star Bancorp 2021 Equity Incentive Plan, such as 6,000 granted shares and 907 additional granted shares, with portions already vested and the remaining shares scheduled to vest over a five-year period while he remains employed.

Positive

  • None.

Negative

  • None.
Insider Wait Brett Levi
Role SVP & CIO
Sold 2,583 shs ($106K)
Type Security Shares Price Value
Sale Common Stock 2,583 $41.1067 $106K
Holdings After Transaction: Common Stock — 17,608 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 2,583 shares Open-market sale of common stock
Sale price per share $41.1067 per share Average price for the reported sale
Shares held after sale 17,608 shares Direct ownership following transaction
Equity grant 1 6,000 shares Granted under 2021 Equity Incentive Plan
Vested portion of grant 1 2,400 shares Already vested from 6,000-share grant
Unvested portion of grant 1 3,600 shares Scheduled to vest over five-year period
Equity grant 2 907 shares Additional grant under 2021 plan
Unvested portion of grant 2 726 shares Scheduled to vest over five-year period
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
2021 Equity Incentive Plan financial
"granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan"
vested financial
"including 2,400 shares which have vested and 3,600 which are scheduled to vest"
five-year period financial
"scheduled to vest in equal installments over the remainder of a five-year period"
SEC Form 4
FORM 4UNITED 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*
Wait Brett Levi

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

(Street)
RANCHO CORDOVA CALIFORNIA 95670

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIVE STAR BANCORP [ FSBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & CIO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/14/2026S2,583D$41.106717,608(1)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 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. Wait 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 (including 181 shares which have vested and 726 which are scheduled to vest in equal installments over the remainder of a five-year period, provided Mr. Wait remains employed by Five Star Bancorp on the respective vesting dates).
Remarks:
/s/ Brett L. Wait, by Heather C. Luck, Attorney-in-Fact05/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Five Star Bancorp (FSBC) report for Brett Levi Wait?

Five Star Bancorp reported that SVP & CIO Brett Levi Wait sold 2,583 shares of common stock in an open-market transaction. The sale occurred at an average price of $41.1067 per share, as shown in the Form 4 insider trading disclosure.

At what price did FSBC executive Brett Levi Wait sell his shares?

Brett Levi Wait sold his Five Star Bancorp common stock at an average price of $41.1067 per share. This registered open-market sale of 2,583 shares is detailed in the Form 4, specifying the price per share for the transaction.

How many Five Star Bancorp (FSBC) shares does Brett Levi Wait hold after the sale?

After the reported sale, Brett Levi Wait holds 17,608 Five Star Bancorp common shares directly. This post-transaction ownership figure comes from the Form 4 and reflects his remaining stake following the 2,583-share disposition.

What equity awards does Brett Levi Wait have under the Five Star Bancorp 2021 Equity Incentive Plan?

Brett Levi Wait has 6,000 granted shares and 907 additional granted shares under the Five Star Bancorp 2021 Equity Incentive Plan. Portions of these awards have already vested, with remaining shares scheduled to vest in equal installments over a five-year period.

Are Brett Levi Wait’s Five Star Bancorp (FSBC) shares held directly or indirectly?

The Form 4 shows Brett Levi Wait’s reported Five Star Bancorp common stock holdings as direct ownership. The ownership code is marked "D," indicating shares are held directly in his name rather than through an indirect entity or trust.

How are Brett Levi Wait’s FSBC equity awards scheduled to vest?

His Five Star Bancorp equity awards vest over a five-year period, in equal installments. Vesting depends on his continued employment with Five Star Bancorp on each vesting date, as described in the footnote to the Form 4 filing.