Stellar Bancorp, Inc.·4

Mar 17, 5:22 PM ET

Egge Paul P 4

Research Summary

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Stellar Bancorp (STEL) CFO Paul P. Egge Sells 993 Shares for Taxes

What Happened

  • Paul P. Egge, Senior Executive Vice President and CFO of Stellar Bancorp (STEL), had 993 shares of common stock disposed/withheld to satisfy tax withholding tied to the vesting of previously granted restricted shares. The shares were valued at $35.51 each, for a total of $35,261.

Key Details

  • Transaction date: 2026-03-15; Filing date: 2026-03-17 (appears to be filed timely).
  • Price per share: $35.51; Shares involved: 993; Total value: $35,261.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnote: F1 — "Represents shares withheld to satisfy tax liability for vesting of restricted shares of Common Stock previously reported."
  • Transaction code: F (tax withholding to cover tax liability on vested shares), reported as a disposition.

Context

  • This was a tax-withholding disposal related to vesting of restricted stock, not an open-market sale for investment reasons. Such withholdings are routine and do not, by themselves, imply a change in insider sentiment about the company.