Five Star Bancorp's (NASDAQ: FSBC) chief executive, James Eugene Beckwith, reported the sale of 4,000 shares of the bank's common stock on March 9, 2026, in an SEC Form 4 filing. The disposition occurred in two separate tranches at prices between $36.57 and $36.74 per share, producing a total transaction value of $146,620.
The timing of the sale places it against a backdrop in which Five Star Bancorp shares are trading at $36.81, representing a 34% appreciation over the previous 12 months despite a recent pullback from interim highs. Valuation metrics noted alongside the transaction show a price-to-earnings ratio of 12.7 and a PEG ratio of 0.45, metrics that have been cited as suggesting value relative to growth at current levels.
After completing the March 9 trades, Beckwith's indirect ownership position remains substantial. The filing indicates he indirectly retains 473,014 shares held by himself as trustee; this holding includes shares scheduled to vest over coming years contingent on his continued employment with Five Star Bancorp. The filing also lists indirect holdings of 3,000 shares each held by his daughter and sons, and 1,000 shares held by his daughter-in-law.
Financial results released for the fourth quarter of 2025 paint a mixed picture of recent operating performance. The company reported adjusted earnings per share of $0.83, topping the estimated $0.762 - an upside surprise of 8.92%. At the same time, reported revenue for the quarter totaled $40.67 million, falling 4.49% short of the $42.58 million analysts had expected.
Those outcomes highlight a divergence between top-line momentum and profitability measures. The EPS outperformance suggests cost management and operational levers that supported bottom-line results, while the revenue shortfall underscores challenges in meeting sales or interest-income targets for the quarter. Investors may read the earnings beat as a positive indicator of margin control, but the revenue miss will likely remain an area of scrutiny.
Context and implications
The insider sale, taken together with the company's Q4 results, gives a snapshot of current executive activity and recent financial performance. Beckwith's remaining indirect stake keeps his ownership tied to future vesting schedules and ongoing employment with the company.
This report documents the transaction and the quarter's financials as disclosed in regulatory filings and company results through the end of the fourth quarter of 2025. No additional claims or forward-looking statements are made beyond the disclosures contained in those filings.