Five Star Bancorp (FSBC) Director Shannon Deary-Bell Buys Shares

What Happened
Shannon Deary-Bell, a director of Five Star Bancorp (FSBC), made an open‑market purchase of 5,682 shares on July 22, 2026 at $44.00 per share, for a total of approximately $250,008. The filing also records a prior disposition of 3,900 shares on May 9, 2025 that was an estate distribution and is reported as exempt from Section 16 under Rule 16a-2(d) (see footnote F1).

Key Details

• Purchase: 5,682 shares acquired on 2026-07-22, $44.00 per share, total ≈ $250,008. (Transaction code P = Purchase)
• Earlier disposition: 3,900 shares on 2025-05-09 via estate distribution; exempt under Rule 16a-2(d) (footnote F1). (Transaction code W = will/inheritance)
• Filing date: Form 4 filed 2026-07-24 (the July 22 purchase was reported within two business days).
• Shares owned after transaction: not specified in the provided extract.
• Notable footnotes:
  • F1: Estate distribution from Beverly B. Deary; exempt from Section 16 reporting rules.
  • F2: Includes 974 unvested shares from the Five Star 2021 Equity Incentive Plan, scheduled to vest 12/31/2026 if Ms. Deary-Bell remains a director.
  • F3–F6: Several blocks of shares are held in family trusts (Bell Family Revocable Trust; Connor J. Bell and Riley S. Bell irrevocable trusts); Ms. Deary-Bell disclaims ownership of certain trust-held securities per F5.

Context
This was a straightforward open‑market purchase (direct buy). The earlier 2025 transaction was an estate distribution and is treated as exempt under Section 16 rules, so it does not carry the same insider‑trading implications as a voluntary sale. The filing also notes unvested plan shares and multiple trust holdings; disclosures and disclaimers (F2–F6) clarify which shares are held for beneficiaries or subject to vesting conditions.