Five Star Bancorp Announces Board and Executive Changes
Ticker: FSBC · Form: 8-K · Filed: Dec 30, 2024 · CIK: 1275168
| Field | Detail |
|---|---|
| Company | Five Star Bancorp (FSBC) |
| Form Type | 8-K |
| Filed Date | Dec 30, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: FSBC
TL;DR
FSBC board shakeup and exec comp changes announced 12/26.
AI Summary
Five Star Bancorp announced on December 26, 2024, changes in its board of directors and executive compensation. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key executives.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance and compensation updates, not significant financial distress or operational risks.
Key Numbers
- 001-40379 — SEC File Number (Identifies the company's filing with the SEC.)
- 75-3100966 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- FIVE STAR BANCORP (company) — Registrant
- December 26, 2024 (date) — Date of earliest event reported
- California (location) — State of Incorporation
- 3100 Zinfandel Drive, Suite 100, Rancho Cordova, California, 95670 (address) — Principal Executive Offices
- 916-626-5000 (phone_number) — Registrant's Telephone Number
FAQ
What specific roles have seen departures or appointments?
The filing indicates the departure of certain officers and the election of directors, but does not specify the exact roles in this summary.
When were these changes effective?
The earliest event reported is dated December 26, 2024.
Are there any details on the new compensatory arrangements?
The filing mentions updates to compensatory arrangements for certain officers but does not provide specific details in this section.
What is the company's principal business?
Five Star Bancorp is in the commercial banking industry, as indicated by its SIC code [6022].
Where is Five Star Bancorp headquartered?
The company's principal executive offices are located at 3100 Zinfandel Drive, Suite 100, Rancho Cordova, California, 95670.
Filing Stats: 449 words · 2 min read · ~1 pages · Grade level 12.8 · Accepted 2024-12-30 14:55:37
Filing Documents
- fsbc-20241226.htm (8-K) — 32KB
- 0001275168-24-000144.txt ( ) — 155KB
- fsbc-20241226.xsd (EX-101.SCH) — 2KB
- fsbc-20241226_lab.xml (EX-101.LAB) — 22KB
- fsbc-20241226_pre.xml (EX-101.PRE) — 13KB
- fsbc-20241226_htm.xml (XML) — 3KB
From the Filing
fsbc-20241226 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): December 26, 2024 FIVE STAR BANCORP (Exact Name of Registrant as Specified in Charter) California 001-40379 75-3100966 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 3100 Zinfandel Drive, Suite 100 , Rancho Cordova , California , 95670 (Address of Principal Executive Offices, and Zip Code) ( 916 ) 626-5000 Registrant's Telephone Number, Including Area Code Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, no par value per share FSBC The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On December 26, 2024, director Leigh White notified Five Star Bancorp (the "Company") of her intention to resign from the Company's Board of Directors (the "Board") effective January 2, 2025. Ms. White's resignation from the Board is not the result of any disagreement with the Company. The Board and the Company are grateful for Ms. White's dedication and contributions to the Company during her tenure as director. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIVE STAR BANCORP By: /s/ Heather Luck Name: Heather Luck Title: Senior Vice President and Chief Financial Officer Date: December 30, 2024