Long Justin M 4
4 · Stellar Bancorp, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Stellar Bancorp SEVP Justin Long Receives 7,074-Share Award
What Happened Justin M. Long, Senior EVP, General Counsel & Secretary of Stellar Bancorp, was granted two awards on 2026-03-01: 3,537 restricted shares of common stock and 3,537 performance share units (total 7,074 shares). Both awards were reported at a $0.00 acquisition price (typical for stock awards), so no cash changed hands at grant.
Key Details
- Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (appears timely — Form 4 is due within two business days).
- Awards: 3,537 restricted shares (footnote F1) and 3,537 performance share units (footnote F2); total 7,074 shares.
- Reported price per share: $0.00; reported aggregate cash value: $0.
- Vesting: F1 restricted shares vest in roughly equal installments on March 1 of 2027, 2028 and 2029, subject to continued employment. F2 performance share units are subject to time and performance-based vesting conditions.
- Shares owned after the transaction: not specified in the information provided.
Context These grants are awards (not open-market purchases or sales). Restricted shares and performance share units are common executive compensation tools tied to continued employment and performance; they do not necessarily indicate immediate buying or selling intent. Because the awards vest over time and may be contingent on performance, their ultimate value depends on future service and company results.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-01+3,537→ 50,574 total - Award
Common Stock
[F2]2026-03-01+3,537→ 54,111 total
Footnotes (2)
- [F1]Represents restricted shares of common stock, which vest in approximately equal installments on March 1, 2027, 2028 and 2029, subject to continued employment with the issuer on such date.
- [F2]Represents award of performance share units subject to time and performance vesting conditions.