Beckwith James Eugene 4

What Happened

• James Eugene Beckwith, President, CEO and Director of Five Star Bancorp (FSBC), sold a total of 4,000 shares on March 9, 2026. He sold 2,000 shares at $36.74 ($73,480) and 2,000 shares at $36.57 ($73,140), for total proceeds of $146,620. This was a sale (not a purchase); insider sales are often routine and do not necessarily indicate a change in company prospects.

Key Details

• Transaction dates & prices: March 9, 2026 — 2,000 shares @ $36.74 and 2,000 shares @ $36.57.
• Total proceeds: $146,620.
• Filing: Form 4 filed March 11, 2026 (filed within the required two-business-day window for a March 9 transaction — timely).
• Holdings/vesting (per footnotes): the filing notes beneficial holdings that include 72,062 shares under the Five Star Bancorp 2021 Equity Incentive Plan (33,716 shares already vested; 38,346 scheduled to vest over multi-year schedules).
• Other footnotes: some shares are held by the Beckwith Family Trust (dated April 10, 1998) for which Mr. Beckwith is a trustee. Mr. Beckwith also disclaims ownership of certain securities per the filing.

Context

• Sales by executives can reflect routine needs (diversification, tax planning, trust obligations) rather than an assessment of company fundamentals. Purchases tend to be more informative about insider confidence. This filing documents open-market sales and includes details about vested and unvested equity awards and trust holdings for transparency.