Five Star Bancorp (FSBC) CEO reports 4,000-share open-market sale

Rhea-AI Filing Summary

Five Star Bancorp President & CEO James Eugene Beckwith reported indirect open-market sales of a total of 4,000 shares of common stock on March 9, 2026, at prices of $36.74 and $36.57 per share. The shares were held by the Beckwith Family Trust, for which he serves as trustee. After these transactions, 473,014 shares of common stock are reported as indirectly held in this trust. Additional indirect holdings are reported in accounts for certain family members, and a separate footnote states that Mr. Beckwith disclaims ownership of those securities.

Insights

Banking equity analyst

CEO’s 4,000‑share sale is small relative to his reported indirect holdings.

The Form 4 shows James Eugene Beckwith, President & CEO of Five Star Bancorp, executing two open-market sales totaling 4,000 common shares at around $36.70 per share via the Beckwith Family Trust. These are classic discretionary insider sales, not option exercises or tax withholdings.

Following the sales, the trust still reports holding 473,014 shares, so the disposition represents a very small fraction of the reported indirect position. Additional indirect positions are shown for family members, with a specific footnote where Mr. Beckwith disclaims ownership of those securities. No derivative positions are listed, suggesting this filing is mainly about routine portfolio management rather than a structural change in compensation or options exposure.

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

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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^*

Beckwith James 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		S		2,000	D	$36.74	475,014(1)	I	By self as trustee(2)
Common Stock	03/09/2026		S		2,000	D	$36.57	473,014(1)	I	By self as trustee(2)
Common Stock								3,000	I	By daughter(3)
Common Stock								3,000	I	By son(3)
Common Stock								3,000	I	By other son(3)
Common Stock								1,000	I	By daughter-in-law(3)

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 45,000 shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan (including 25,716 shares which have vested and 19,284 which are scheduled to vest in equal installments over the remainder of a seven-year period, provided Mr. Beckwith remains employed by Five Star Bancorp on the respective vesting dates), 20,000 shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan (including 8,000 shares which have vested and 12,000 which are scheduled to vest in equal installments over the remainder of a five-year period, provided Mr. Beckwith remains employed by Five Star Bancorp on the respective vesting dates), and 7,062 shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan and are scheduled to vest in equal installments over a five year period beginning in 2026, provided Mr. Beckwith remains employed by Five Star Bancorp on the respective vesting dates.

2. Shares are held by the Beckwith Family Trust dated April 10, 1998, for which Mr. Beckwith serves as a trustee.

3. Mr. Beckwith, the reporting person, disclaims ownership of these securities, and this report shall not be deemed an admission that Mr. Beckwith is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Remarks:

	/s/ James E. Beckwith, by Heather C. Luck, Attorney-in-Fact	03/11/2026
	** 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).
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FAQ

What did Five Star Bancorp (FSBC) CEO James Beckwith report in this Form 4?

James Beckwith reported selling 4,000 Five Star Bancorp shares indirectly. The sales were open-market transactions executed through the Beckwith Family Trust at prices around $36.70 per share, with the trust still reporting a large remaining indirect position afterward.

How many Five Star Bancorp (FSBC) shares did the CEO sell and at what prices?

The CEO sold 4,000 shares in two open-market trades. One 2,000-share block was sold at $36.74 per share and another 2,000-share block at $36.57 per share, all reported as indirect sales through the Beckwith Family Trust.

What are James Beckwith’s reported holdings after the Five Star Bancorp stock sale?

After the transactions, the Beckwith Family Trust reports holding 473,014 shares. These are indirect holdings for which Mr. Beckwith serves as trustee. Additional indirect positions appear in family accounts, though he disclaims ownership of those particular securities in a footnote.

Are the Five Star Bancorp (FSBC) CEO’s transactions routine or related to options?

The reported transactions are open-market sales, not option exercises. Both are coded as “S” for sales of common stock and there are no derivative transactions or option exercises listed, indicating straightforward share disposals rather than equity award vesting or conversions.

How significant is the 4,000-share sale compared to the CEO’s Five Star Bancorp stake?

The 4,000-share sale is small relative to the reported indirect holdings. The Beckwith Family Trust still reports 473,014 shares afterward, so the sale represents only a minor reduction in that reported position based on the figures shown.