Long Justin M 4

What Happened
Justin M. Long, Senior EVP, General Counsel & Secretary of Stellar Bancorp (STEL), had 452 shares of common stock withheld to satisfy the tax liability from the vesting of restricted shares. The withholding occurred on 2026-03-01 at a per-share value of $37.66, a total of $17,022. This was a tax-withholding disposal (SEC code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-01; filing date: 2026-03-03 (timely Form 4).
• Shares withheld/disposed: 452 at $37.66 per share; total value ≈ $17,022.
• Transaction code: F (payment of exercise price or tax liability).
• Footnote: F1 — shares were withheld to satisfy tax liability for vesting of previously reported restricted stock.
• Shares owned after transaction: not disclosed in the summary data of this filing.

Context
Withholding shares to cover taxes is a routine administrative action when restricted stock vests; it reduces the insider's outstanding share count but is not an open-market sale and typically does not signal a change in personal investment stance. The amount involved here (~$17k) is modest relative to many insider transactions.