Stellar Bancorp CFO receives stock awards
Egge Paul P reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Egge Paul P reported acquisition or exercise transactions in this Form 4 filing.
Stellar Bancorp, Inc. Senior Executive VP and CFO Paul P. Egge reported two stock award grants totaling 9,142 shares of common stock on March 1, 2026, at a stated price of $0.00 per share. Following these grants, he directly owned 69,587 common shares.
The filing notes that the awards include restricted shares that vest in approximately equal installments on March 1, 2027, 2028 and 2029, conditioned on continued employment. It also describes performance share units that are subject to both time-based and performance-based vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,571 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,571 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Represents award of performance share units subject to time and performance vesting conditions.
FAQ
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What did Stellar Bancorp (STEL) CFO Paul Egge report in this Form 4?
Were the Stellar Bancorp (STEL) CFO awards immediately vested?
What types of equity awards did the Stellar Bancorp (STEL) CFO receive?
What is Paul Egge’s role at Stellar Bancorp (STEL) according to this filing?
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