Ramirez-Medina Lydia Ann 4
Research Summary
AI-generated summary
Five Star Bancorp (FSBC) COO Lydia Ramirez‑Medina Receives Award
What Happened
Lydia Ramirez‑Medina, Chief Operating Officer of Five Star Bancorp (FSBC), was granted 2,715 restricted common shares (reported as an acquisition at $0.00) on May 21, 2026 under the Five Star Bancorp 2021 Equity Incentive Plan. The award is restricted stock that vests annually in equal installments over five years, subject to continued employment.
Key Details
- Transaction date: May 21, 2026; filing date: May 26, 2026 (appears timely).
- Grant: 2,715 restricted shares, acquisition price $0.00 (award).
- Vesting: Per footnote F1, vests annually in equal installments over five years if employment continues.
- Prior awards noted (footnote F2): 6,000 shares (2,400 vested, 3,600 unvested) and 3,629 shares (726 vested, 2,903 unvested). Combining those with this grant yields 12,344 restricted shares from these awards (3,126 vested; 9,218 unvested) — the Form 4 does not state total common shares owned outside these awards.
- Transaction code: A = Award/Grant (not an open‑market purchase or sale).
Context
This is a compensation grant of restricted stock, not a market purchase or sale; such awards are common for executive pay and are contingent on continued employment and vesting schedules. Because the grant was reported as $0.00, it reflects restricted shares awarded, not a cash purchase.