Stellar Bancorp President granted stock awards
Stellar Bancorp, Inc. President Ramon A. Vitulli III reported equity compensation awards of common stock.
Rhea-AI Filing Summary
Stellar Bancorp, Inc. President Ramon A. Vitulli III reported equity compensation awards of common stock. On March 1, 2026, he acquired two separate awards of 6,041 shares each at a price of $0.00 per share, reflecting stock-based compensation rather than open-market buying.
One award represents restricted shares of common stock that vest in approximately equal installments on March 1, 2027, 2028 and 2029, subject to his continued employment on each vesting date. The other award consists of performance share units that are subject to both time-based and performance vesting conditions. Following these awards, his directly held common stock increased to 120,998 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,041 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,041 | $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 insider transaction did Stellar Bancorp (STEL) report for Ramon A. Vitulli III?
What transaction code was used for the STEL President’s equity awards?
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