Allbaugh Larry Eugene 4
4 · FIVE STAR BANCORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Five Star Bancorp (FSBC) 10% Owner Larry Allbaugh Gifts 150,000 Shares
What Happened Larry Eugene Allbaugh (reported as a 10% owner) reported a disposition by gift of 150,000 shares of Five Star Bancorp (FSBC) on 2026-05-29. The transaction shows $0.00 proceeds (a gift), so no cash changed hands. The Form 4 was filed on 2026-06-02 reporting the May 29, 2026 transfer.
Key Details
- Transaction date: 2026-05-29; Filing date: 2026-06-02 (filed within the typical two-business-day Section 16 reporting window).
- Transaction type: G = Gift; Shares disposed: 150,000; Price per share: $0.00; Total proceeds: $0.
- Shares owned after transaction: not specified in the excerpt provided — see the full Form 4 for post-transaction beneficial ownership totals.
- Notable footnotes:
- F1: The gift involved shares from Judy Oates-Holt (beneficiary of a QSST subtrust) to her children.
- F2–F9: Several holdings are held in trusts (QSST subtrusts and living trusts) for which Mr. Allbaugh serves as trustee; he disclaims beneficial ownership in many of those holdings except as noted.
- F10–F11: Some shares are held by entities (Buzz Oates LLC and Buzz Oates Group of Companies) with managerial/shareholder relationships; Mr. Allbaugh disclaims beneficial ownership of entity-held shares except to the extent of any pecuniary interest.
- No indication in the provided excerpt that the transfer was part of a 10b5-1 plan, option exercise, or tax-withholding.
Context Gifts are transfers for estate/planning or family reasons and generally do not signal a buy/sell view of the company’s stock price. As a 10% owner and trustee with various disclaimed and potentially indirect interests, some transfers recorded under Mr. Allbaugh relate to trust/beneficiary arrangements rather than personal market trading. For full holding details and beneficiaries, consult the complete Form 4 filing (Accession No. 0001628280-26-039759).
Insider Transaction Report
Form 4
Allbaugh Larry Eugene
Director10% Owner
Transactions
- Gift
Common Stock
[F1][F2][F3]2026-05-29−150,000→ 260,695 total(indirect: By Trust)
Holdings
- 501,719(indirect: By Trust)
Common Stock
[F4][F5] - 1,010,778(indirect: By Trust)
Common Stock
[F3][F6] - 410,695(indirect: By Trust)
Common Stock
[F3][F7] - 410,695(indirect: By Trust)
Common Stock
[F3][F8] - 410,695(indirect: By Trust)
Common Stock
[F3][F9] - 10,000(indirect: By LLC)
Common Stock
[F10] - 10,000(indirect: Buzz Oates Group of Companies Shareholder)
Common Stock
[F11]
Footnotes (11)
- [F1]This transaction involved a gift of shares from Judy Oates-Holt, the beneficiary of the QSST Subtrust of the Judy Oates-Holt Irrevocable Trust, dated December 16, 2009, to her children.
- [F10]Shares are held by Buzz Oates LLC, of which Mr. Allbaugh is a non-member manager. Mr. Allbaugh disclaims beneficial ownership of the shares held by Buzz Oates LLC.
- [F11]Shares are held by Buzz Oates Group of Companies, of which Mr. Allbaugh is a shareholder and the Chief Executive Officer. Mr. Allbaugh has significant influence over Buzz Oates Group of Companies and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. Mr. Allbaugh disclaims beneficial ownership of the shares held by Buzz Oates Group of Companies, except to the extent of his pecuniary interest therein.
- [F2]Shares are held by the QSST Subtrust of the Judy Oates-Holt Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- [F3]As trustee of this trust, Mr. Allbaugh has voting and dispositive power over these shares and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. However, Mr. Allbaugh is not the beneficiary of this trust. Accordingly, Mr. Allbaugh disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Allbaugh is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]Includes 974 unvested shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan with all shares scheduled to vest on December 31, 2026, provided the reporting person, Mr. Allbaugh, remains as a director with Five Star Bancorp on that date.
- [F5]Shares are held by the Larry and Laura Allbaugh Living Trust dated November 5, 1997, for which Mr. Allbaugh serves as a trustee.
- [F6]Shares are held by the Oates Administrative Trust, for which Mr. Allbaugh serves as a trustee.
- [F7]Shares are held by the QSST Subtrust of the Kathryn Oates-Fairrington Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- [F8]Shares are held by the QSST Subtrust of the Marvilyn E. Applegate Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
- [F9]Shares are held by the QSST Subtrust of the Philip D. Oates Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
Signature
/s/ Larry E. Allbaugh, by Heather C. Luck, Attorney-in-Fact|2026-06-02