Stellar Bancorp (STEL) SEVP Justin Long granted 7,074 stock and PSU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stellar Bancorp, Inc. executive Justin M. Long, SEVP, GC & Secretary, reported equity awards of common stock on March 1, 2026. He acquired a total of 7,074 shares at no cash cost through two grant/award transactions. Footnotes state these include restricted shares vesting in approximately equal installments on March 1, 2027, 2028 and 2029, subject to continued employment, and performance share units subject to time and performance vesting conditions. Following these awards, he directly holds 54,111 shares of Stellar Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Long Justin M
Role
SEVP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,537 | $0.00 | -- |
| Grant/Award | Common Stock | 3,537 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 50,574 shares (Direct)
Footnotes (1)
- Represents restricted shares of common stock, which vest in approximately equal installments on March 1, 2027, 2028 and 2029, subject to continued employment with the issuer on such date. Represents award of performance share units subject to time and performance vesting conditions.
FAQ
What does Stellar Bancorp (STEL) executive Justin M. Long report in this Form 4?
Justin M. Long reports receiving equity awards of Stellar Bancorp common stock on March 1, 2026. The filing shows two grant transactions totaling 7,074 shares, consisting of restricted stock and performance share units subject to vesting conditions rather than open-market purchases.
What are the vesting terms of Justin M. Long’s new Stellar Bancorp (STEL) stock awards?
The filing states that some awards are restricted shares vesting in roughly equal installments on March 1, 2027, 2028 and 2029, contingent on continued employment. It also notes performance share units that depend on both time-based and performance-based vesting conditions being satisfied before shares fully vest.
What role does Justin M. Long hold at Stellar Bancorp (STEL) in this Form 4?
Justin M. Long is identified as an officer of Stellar Bancorp, serving as Senior Executive Vice President, General Counsel and Secretary. The Form 4 records changes in his beneficial ownership of Stellar Bancorp common stock through equity compensation grants associated with his executive role.