Lee Michael Eugene 4

What Happened Michael E. Lee, Senior Vice President and Chief Regulatory Officer of Five Star Bancorp (FSBC), sold 1,641 shares in an open-market transaction on May 7, 2026, at $41.26 per share for proceeds of $67,708. The Form 4 covering the transaction was filed on May 8, 2026.

Key Details

• Transaction date: 2026-05-07; sale (code S) executed at $41.26 per share.
• Shares sold: 1,641; proceeds: $67,708.
• Filing date / report period: Filed 2026-05-08 reporting period 2026-05-07 (filed the next day).
• Shares owned after transaction: Not specified in the provided details.
• Footnotes:
  • F1: Mr. Lee has equity grants under the Five Star Bancorp 2021 Equity Incentive Plan—6,000 shares (2,400 vested, 3,600 vesting over the remainder of a five‑year schedule) and 907 shares (181 vested, 726 vesting over the remainder of a five‑year schedule).
  • F2: Some shares are held by The Michael E. Lee & Kaylin M. Fadel‑Lee Family Revocable Trust, for which he is a trustee.

Context This was a sale (not a purchase or option exercise). Insider sales can be routine (tax planning, diversification, or other personal reasons) and do not by themselves indicate company performance. The filing appears timely (filed the day after the reported sale).