Allbaugh Larry Eugene 4
4 · FIVE STAR BANCORP · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Five Star Bancorp 10% Owner Larry Allbaugh Receives 974-Share Award
What Happened
Larry Eugene Allbaugh, a 10% owner of Five Star Bancorp (FSBC), was granted 974 shares on January 29, 2026 as an award/other acquisition (Form 4 code A). The grant price reported is $0.00 (no cash paid). The filing shows this is an equity award rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-01-29 — Award/Grant (code A) of 974 shares at $0.00.
- Vesting: Per footnote F1, all 974 shares are scheduled to vest on December 31, 2026, provided Mr. Allbaugh remains a director on that date.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: Grant under the Five Star Bancorp 2021 Equity Incentive Plan with vesting condition described above.
- F10 and F2–F9: Many existing shares are held via trusts and entities (Buzz Oates Group, Buzz Oates LLC, various trusts) where Mr. Allbaugh serves as trustee or has influence; he disclaims beneficial ownership of certain entity-held shares except to the extent of any pecuniary interest.
- Filing timeliness: Form filed 2026-02-02 for a 2026-01-29 transaction; this meets the typical two-business-day Form 4 reporting window (timely).
Context
This was an equity award (not a cash purchase or sale). Awards like this are common for directors and typically vest over time; they do not by themselves indicate buying or selling sentiment. As a reported 10% owner and director, some of Mr. Allbaugh’s holdings are held indirectly through trusts and companies, which the filing clarifies through disclaimers of beneficial ownership.
Insider Transaction Report
Form 4
Allbaugh Larry Eugene
Director10% Owner
Transactions
- Award
Common Stock
[F1][F2]2026-01-29+974→ 501,719 total(indirect: By Trust)
Holdings
- 1,010,778(indirect: By Trust)
Common Stock
[F3][F4] - 410,695(indirect: By Trust)
Common Stock
[F3][F5] - 410,695(indirect: By Trust)
Common Stock
[F3][F6] - 410,695(indirect: By Trust)
Common Stock
[F3][F7] - 410,695(indirect: By Trust)
Common Stock
[F3][F8] - 10,000(indirect: By LLC)
Common Stock
[F9] - 10,000(indirect: Buzz Oates Group of Companies Shareholder)
Common Stock
[F10]
Footnotes (10)
- [F1]Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan with all shares scheduled to vest on December 31, 2026, provided the reporting person, Mr. Allbaugh, remains as a director with Five Star Bancorp on that date.
- [F10]Shares are held by Buzz Oates Group of Companies, of which Mr. Allbaugh is a shareholder and the Chief Executive Officer. Mr. Allbaugh has significant influence over Buzz Oates Group of Companies and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. Mr. Allbaugh disclaims beneficial ownership of the shares held by Buzz Oates Group of Companies, except to the extent of his pecuniary interest therein.
- [F2]Shares are held by the Larry and Laura Allbaugh Living Trust dated November 5, 1997, for which Mr. Allbaugh serves as a trustee.
- [F3]As trustee of this trust, Mr. Allbaugh has voting and dispositive power over these shares and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. However, Mr. Allbaugh is not the beneficiary of this trust. Accordingly, Mr. Allbaugh disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Allbaugh is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]Shares are held by the Oates Administrative Trust, for which Mr. Allbaugh serves as a trustee.
- [F5]Shares are held by the QSST Subtrust of the Judy Oates-Holt Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- [F6]Shares are held by the QSST Subtrust of the Kathryn Oates-Fairrington Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- [F7]Shares are held by the QSST Subtrust of the Marvilyn E. Applegate Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- [F8]Shares are held by the QSST Subtrust of the Philip D. Oates Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- [F9]Shares are held by Buzz Oates LLC, of which Mr. Allbaugh is a non-member manager. Mr. Allbaugh disclaims beneficial ownership of the shares held by Buzz Oates LLC.
Signature
/s/ Larry E. Allbaugh, by Heather C. Luck, Attorney-in-Fact|2026-02-02