Okan I. Akin - 15 Mar 2024 Form 4 Insider Report for Stellar Bancorp, Inc. (STEL)

Role
Senior Executive VP, CRO
Signature
/s/ Justin M. Long, attorney-in-fact
Issuer symbol
STEL
Transactions as of
15 Mar 2024
Net transactions value
-$6,277
Form type
4
Filing time
19 Mar 2024, 18:51:13 UTC
Previous filing
06 Dec 2023
Next filing
08 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEL Common Stock Tax liability $6,277 -267 -0.36% $23.51 73,013 15 Mar 2024 Direct F1
transaction STEL Common Stock Award $0 +4,325 +5.9% $0.000000 77,338 15 Mar 2024 Direct F2
transaction STEL Common Stock Award $0 +4,325 +5.6% $0.000000 81,663 15 Mar 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes decrease of 5 shares previously inadvertently included in the reporting.
F2 Represents restricted shares of Common Stock, which vest in approximately equal installments on March 15, 2025, 2026 and 2027, subject to continued employment with the issuer on such date.
F3 Represents award of performance share units subject to time and performance vesting conditions.