Lydia Ann Ramirez-Medina, the Executive Vice President and Chief External Affairs Officer at Five Star Bancorp, sold 4,307 shares of the bank's common stock on November 2, 2026. This transaction, detailed in a recent SEC filing, is significant as it highlights the ongoing adjustments in executive ownership and compensation strategies within the banking sector.
Background
Five Star Bancorp, identified under the Central Index Key (CIK) 0001275168, operates within the state commercial banks industry (SIC 6022). The company is incorporated in California and has its business address at 3100 Zinfandel Drive, Suite 100, Rancho Cordova, CA 95670. The bank focuses on providing a range of financial services, including commercial banking, and is listed under the ticker symbol FSBC.
What the Filing Says
The SEC filing, accession number 0001628280-26-069603, indicates that on November 2, 2026, Ramirez-Medina disposed of 4,307 shares at a price of $44.92 per share. Following this transaction, she holds 9,368 shares of Five Star Bancorp. The filing states, "Includes 6,000 shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan..."
Impact
This sale may affect shareholders and potential investors by reflecting the company's ongoing adjustments to its executive compensation structure. It also highlights how executives at Five Star Bancorp are managing their equity holdings, which can influence market perceptions of the bank's stability and future performance.
What's Next
The filing does not say what happens next.
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