Lee Michael Eugene 4

What Happened Michael E. Lee, Senior Vice President & Chief Regulatory Officer of Five Star Bancorp (FSBC), sold 1,200 shares in an open-market sale on 2026-02-20 at $39.30 per share, generating $47,160 in proceeds. This was a disposition (sale), which is often routine and does not by itself indicate company outlook.

Key Details

• Transaction date and price: 2026-02-20; 1,200 shares sold at $39.30 per share.
• Total value: $47,160.
• Transaction type: Open market sale (code S).
• Filing date: Form 4 filed 2026-02-23 — appears timely (within the 2-business-day reporting window).
• Shares owned after transaction: Not specified in the excerpt provided; review the full Form 4 for total beneficial ownership.
• Footnotes:
  • F1: Mr. Lee has multiple equity grants under the Five Star Bancorp 2021 Equity Incentive Plan totaling 11,239 granted shares (5,865 currently vested across grants, with remaining shares subject to scheduled vesting over coming years, and an additional 907 shares vesting starting in 2026).
  • F2: Some shares are held by The Michael E. Lee & Kaylin M. Fadel-Lee Family Revocable Trust, of which Mr. Lee is a trustee.

Context

• This filing reports a sale (disposition), not a purchase or option exercise; sales are common for liquidity, diversification, or tax reasons and are less strong a signal than insider buys.
• No 10b5-1 trading plan, tax-withholding withholding sale, or late filing flag is indicated in the provided details. For complete ownership totals and any additional disclosures, consult the full Form 4 (Accession: 0001628280-26-010785).