Wait Brett Levi 4

What Happened Brett L. Wait, Senior Vice President & Chief Investment Officer of Five Star Bancorp (FSBC), disposed of 2,583 shares on 2026-05-14 in an open-market sale at $41.11 per share, for proceeds of approximately $106,179. This transaction is a sale (code S) and is therefore a disposition of shares rather than a purchase or option exercise.

Key Details

• Transaction date and price: 2026-05-14 — 2,583 shares sold at $41.11 each (total ≈ $106,179).
• Filing date: Form 4 filed 2026-05-15 (timely, one day after the reported transaction).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote (F1): The filing notes equity awards under the Five Star Bancorp 2021 Equity Incentive Plan including 6,000 shares (2,400 vested; 3,600 vesting in equal installments over the remainder of a five-year period, subject to continued employment) and 907 shares (181 vested; 726 vesting in equal installments over the remainder of a five-year period, subject to continued employment).
• No 10b5-1 plan, tax withholding, or late-filing indication was disclosed in the provided data.

Context This was an open-market sale, which is a routine insider disposition and does not, by itself, indicate management sentiment about the company’s prospects. The footnote shows Mr. Wait also holds time-vested equity awards with future vesting tied to continued employment, which are separate from the shares sold.