Dalton John William 4
Research Summary
AI-generated summary
Five Star Bancorp (FSBC) SVP John Dalton Receives Award
What Happened
- John William Dalton, SVP and Chief Credit Officer of Five Star Bancorp (FSBC), was granted 905 restricted shares on 2026-05-21. The award price is $0.00 per share (no cash paid), so the reported acquisition value is $0.
- The award was granted under the Five Star Bancorp 2021 Equity Incentive Plan and is a grant of restricted stock (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-05-21; Grant price: $0.00 per share; total reported value: $0.
- Filing date (Form 4): 2026-05-26 (five days after the grant). Form 4s are normally due within two business days, so this filing is later than the typical deadline.
- Footnote F1: The 905-share award vests annually in equal installments over five years, conditioned on continued employment.
- Footnote F2: The filing notes other grants/holdings: 6,000 shares (2,400 vested; 3,600 scheduled to vest over the remaining years) and 907 shares (181 vested; 726 scheduled to vest). These reflect prior restricted-stock grants with multi-year vesting schedules.
- Shares owned after the transaction are not explicitly stated in the provided summary of the filing.
Context
- This was a restricted stock grant (compensation), not a market buy or sale—such awards are routine executive compensation and do not by themselves indicate insider buying or selling sentiment.
- The grant vests over five years, so the shares are subject to forfeiture if employment ends before vesting dates.