Perry-Smith Robert Truxtun 4
Research Summary
AI-generated summary
Five Star Bancorp (FSBC) Director Robert Perry‑Smith Buys 31,363 Shares
What Happened
- Robert Truxtun Perry‑Smith, a director of Five Star Bancorp (FSBC), reported an open-market purchase of 31,363 shares on July 22, 2026, at $44.00 per share, for a total cost of $1,379,972. This was a purchase (Form 4 code P), which investors often view as more informative than routine sales but can have many motives.
Key Details
- Transaction date: 2026-07-22; Filing date: 2026-07-24 (filed within the normal 2-business-day Form 4 window).
- Transaction type/code: Open market purchase (P).
- Shares acquired: 31,363 at $44.00 per share; total value: $1,379,972.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes:
- F1: Includes 974 unvested shares granted under the Five Star Bancorp 2021 Equity Incentive Plan that are scheduled to vest on 2026-12-31 if Mr. Perry‑Smith remains a director.
- F2: Shares are held in the Robert T. Perry‑Smith Exemption Trust for his benefit, for which he serves as trustee.
Context
- The reported purchase was an open-market acquisition (not an option exercise or award). The presence of unvested shares and the trust holding the reported shares are noted in the filing; these are ownership/vesting details rather than transactional motivations. No late filing or 10%‑owner designation was indicated in the provided record.