Five Star Bancorp (NASDAQ: FSBC) SVP CIO sells 1,640 shares, holds 16,873
Filing Impact
Filing Sentiment
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 1,640 shares of Common Stock at $42.27 per share. After this transaction, he directly holds 16,873 shares.
The filing notes that his holdings include shares granted under the Five Star Bancorp 2021 Equity Incentive Plan. These grants total 6,000 shares, 907 shares, and 905 shares, with portions already vested and the remaining shares scheduled to vest over five-year periods if he remains employed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,640 shares ($69,323)
Net Sell
1 txn
Insider
Wait Brett Levi
Role
SVP, Chief Information Officer
Sold
1,640 shs ($69K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,640 | $42.27 | $69K |
Holdings After Transaction:
Common Stock — 16,873 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,640 shares
Sale price per share: $42.27 per share
Shares held after sale: 16,873 shares
+3 more
6 metrics
Shares sold
1,640 shares
Open-market sale of common stock on May 26, 2026
Sale price per share
$42.27 per share
Price for the 1,640 common shares sold
Shares held after sale
16,873 shares
Direct ownership following the reported transaction
Equity grant 1
6,000 shares
Granted under 2021 Equity Incentive Plan with partial vesting
Equity grant 2
907 shares
Granted under 2021 Equity Incentive Plan with partial vesting
Equity grant 3
905 shares
Granted under 2021 Equity Incentive Plan, vesting begins in 2027
Key Terms
Common Stock, 2021 Equity Incentive Plan, vested, scheduled to vest
4 terms
Common Stock financial
"reported an open-market sale of 1,640 shares of Common Stock at"
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.
2021 Equity Incentive Plan financial
"shares 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"
scheduled to vest financial
"which are scheduled to vest in equal installments over the remainder"
FAQ
What insider transaction did FSBC executive Brett Levi Wait report?
Brett Levi Wait reported selling 1,640 shares of Five Star Bancorp common stock in an open-market transaction at $42.27 per share. The transaction reflects a routine disposition while he continues to hold a meaningful equity stake in the company.
What role does Brett Levi Wait hold at Five Star Bancorp (FSBC)?
Brett Levi Wait serves as senior vice president and chief information officer at Five Star Bancorp. His Form 4 filing reflects personal holdings and equity awards that align his compensation with shareholder interests through the company’s 2021 Equity Incentive Plan.
What equity awards in FSBC stock has Brett Levi Wait received?
Brett Levi Wait has received grants of 6,000 shares, 907 shares, and 905 shares under the Five Star Bancorp 2021 Equity Incentive Plan. Portions have already vested, while remaining shares vest in equal installments over five-year periods, contingent on continued employment.
How do Brett Levi Wait’s FSBC equity awards vest over time?
His awards under the 2021 Equity Incentive Plan vest in equal installments over five-year periods. Vesting of the remaining unvested shares is conditioned on Mr. Wait remaining employed by Five Star Bancorp on the applicable vesting dates, aligning long-term incentives with tenure.