Riggs Judson Teichert 4

What Happened Riggs Judson Teichert, a director of Five Star Bancorp (FSBC), received a grant of 974 shares on 2026-01-29. The shares were awarded at $0.00 per share (total cash paid $0) as an equity award rather than an open-market purchase or sale. The award is granted under the Five Star Bancorp 2021 Equity Incentive Plan and is subject to vesting conditions.

Key Details

• Transaction date and terms: 2026-01-29 — 974 shares granted @ $0.00 (award, code A).
• Vesting: Footnote states all shares are scheduled to vest on December 31, 2026, provided the reporting person remains a director (granted under the 2021 Equity Incentive Plan).
• Holding: Footnote indicates shares are held by The Riggs Family Trust dated May 11, 2006, for which Mr. Riggs serves as trustee.
• Filing timeliness: Report filed 2026-02-02; this filing appears timely (filed within the required two business days).
• Note: The vesting footnote in the filing refers to "Mr. Reynoso," which appears inconsistent with the reporting person and may be a clerical error in the filing.

Context This was an equity award (compensation) granted to a director, not an open-market buy or sale. Awards are common for director compensation and do not necessarily signal a trading view on the company until/unless the recipient buys or sells shares later. Vesting conditions mean the holder does not have full unrestricted ownership until the vesting date.