Beckwith James Eugene 4

What Happened
James E. Beckwith, President & CEO and a director of Five Star Bancorp (FSBC), sold a total of 6,428 shares in open-market transactions on May 20, 2026. The sales were: 2,000 shares at $41.12 ($82,240), 2,000 shares at $41.22 ($82,440), and 2,428 shares at $41.34 ($100,374), for aggregate proceeds of approximately $265,054. These were sales (not purchases or option exercises), which are commonly routine insider liquidity events.

Key Details

• Transaction date: May 20, 2026 (reported May 22, 2026). Filing appears within the normal two-business-day reporting window.
• Sales (code S) and method: Open market sales.
• Prices and amounts:
  • 2,000 shares @ $41.12 = $82,240
  • 2,000 shares @ $41.22 = $82,440
  • 2,428 shares @ $41.34 = $100,374
• Total shares sold: 6,428; approximate total value: $265,054.
• Shares owned after the transaction: Not specified in the provided excerpt — see the Form 4 filing for total beneficial ownership reported.
• Relevant footnotes:
  • F1: Describes multiple equity grants under the 2021 Equity Incentive Plan with various vesting schedules (some vested, some scheduled to vest over multi‑year periods).
  • F2: Some shares are held by the Beckwith Family Trust (Mr. Beckwith is a trustee).
  • F3: Mr. Beckwith disclaims ownership of certain trust-held securities (standard trustee disclaimer).

Context
These were straight open-market sales (not option exercises or gifts). Sales by executives can be routine (e.g., liquidity or diversification) and do not by themselves indicate company performance; purchases generally attract more attention as a bullish signal. For full holdings, vesting details, and any additional context, review the complete Form 4 (Accession 0001628280-26-037837).