Kurtze Don Justin 4

What Happened Don Kurtze, EVP and San Francisco Bay Area President of Five Star Bancorp (FSBC), received a grant of 2,715 restricted shares on May 21, 2026. The shares were issued at $0.00 (award/grant), so no cash was exchanged. The award is reported as an equity grant (transaction code A) under the Five Star Bancorp 2021 Equity Incentive Plan.

Key Details

• Transaction date and price: 2026-05-21 — 2,715 shares @ $0.00 (award).
• Vesting for this grant: vests annually in equal installments over five years, contingent on continued employment (Footnote F1).
• Filing date: 2026-05-26. The filing was submitted five calendar days after the grant (one business day after the typical 2-business-day Form 4 deadline).
• Shares owned after transaction: not specified in the filing.
• Prior grants noted (Footnote F2): includes a 500-share grant (333 vested, 167 remain to vest over 3 years) and a 3,629-share grant (726 vested, 2,903 remain to vest over 5 years).

Context This was an equity award (restricted stock) rather than an open-market purchase or sale, so it reflects compensation rather than a direct bullish or bearish market bet. The award vests over time, meaning the shares are subject to forfeiture if Mr. Kurtze leaves before vesting dates.