Five Star Bancorp (FSBC) 10% Owner Larry Allbaugh Buys Stock

What Happened

Larry Eugene Allbaugh, reported as a 10% owner of Five Star Bancorp (FSBC), made two open-market purchases on July 22, 2026: 90,909 shares at $44.00 each ($3,999,996) and 5,682 shares at $44.00 each ($250,008), for a combined purchase of 96,591 shares costing $4,250,004. These were purchases (code P) rather than sales or option exercises.

Key Details

• Transaction date and price: July 22, 2026 — 90,909 shares @ $44.00; 5,682 shares @ $44.00.
• Total value: $4,250,004 across both trades.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: Form 4 filed July 24, 2026 (timely relative to the July 22 transaction).
• Notable footnotes:
  • F1: Includes 974 unvested shares granted under the Five Star Bancorp 2021 Equity Incentive Plan, vesting Dec 31, 2026 if Mr. Allbaugh remains a director.
  • F10 and others: Many shares are held through entities and trusts (Buzz Oates Group of Companies, various trusts and LLCs). Mr. Allbaugh is a shareholder/CEO or trustee for several of these and disclaims beneficial ownership for certain entity-held shares except to the extent of his pecuniary interest.
• Transaction type: Open-market purchases (code P), not option exercises or gifts.

Context

• As a reported 10% owner, Allbaugh is a large shareholder; these filings reflect activity by a major holder rather than routine employee trading. Purchases can be viewed as a direct increase in stake, but filings are factual records and do not state motivation.
• This was a straight purchase (no derivatives/exercise or immediate sale noted).