---
schema_version: "secwatch.filing_event.v1"
accession: "0001275168-25-000065"
form_type: "8-K"
ticker: "FSBC"
cik: "0001275168"
company_name: "FIVE STAR BANCORP"
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T07:54:45.192312+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Five Star Bancorp approves new LTIP with $200K combined PSU/RSU awards for two executive officers

## Summary
- PSUs and RSUs each $100K for both Chief Banking Officer Rizzo and CFO Luck, grant expected May 1, 2025.
- PSUs vest based on 3-year avg ROA vs Western Region bank peer group; threshold 60th percentile (50% payout), target 70th (100%), max 80th+ (150%).
- RSUs vest in equal annual installments over five years from grant date, subject to continued employment.
- Awards issued under Five Star Bancorp 2021 Equity Incentive Plan; program designed to align executives with shareholder interests.

## SEC filing metadata
- accession: 0001275168-25-000065
- form_type: 8-K
- ticker: FSBC
- cik: 0001275168
- company_name: FIVE STAR BANCORP
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275168/000127516825000065/0001275168-25-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275168/000127516825000065/fsbc-20250417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275168-25-000065
- JSON: https://secwatch.observer/filing/0001275168-25-000065.json
- Plain text: https://secwatch.observer/filing/0001275168-25-000065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.