Allbaugh Larry Eugene 4

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).