Nickum David Frank 4

What Happened David Nickum, a director of Five Star Bancorp (FSBC), was granted 974 shares on January 29, 2026 under the Five Star Bancorp 2021 Equity Incentive Plan. The filing reports an acquisition at $0.00 per share (no cash paid on grant). The award is subject to full vesting only if Mr. Nickum remains a director through December 31, 2026. The filing also notes the shares are held by the Nickum Family Trust, for which he serves as trustee.

Key Details

• Transaction date: 2026-01-29; Report filed: 2026-02-02 (filed within the standard two business days).
• Shares granted: 974; Price on grant: $0.00 (award/grant, not an open-market purchase).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes: F1 — grant under the 2021 Equity Incentive Plan; vesting on 12/31/2026 conditional on continued service. F2 — shares held by the Nickum Family Trust (Mr. Nickum is trustee).
• Transaction type: Award/grant (code A) — compensation, not a sale or open-market buy.

Context This was a director compensation award that vests in the future rather than an immediate market purchase or sale. Such grants are common for board service and do not by themselves indicate buying or selling sentiment in the market. Investors should treat vested, post-vesting sales or additional filings showing ownership changes as more direct signals of trading intent.