---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-24-000216"
form_type: "8-K"
ticker: "FSBC"
cik: "0001275168"
company_name: "FIVE STAR BANCORP"
filed_at: "2024-03-29T23:59:59+00:00"
generated_at: "2026-06-04T05:13:54.567648+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Five Star Bancorp prices 3.45M share common stock offering at $21.75/share for ~$70.2M net proceeds

## Summary
- 3,450,000 shares of common stock priced at $21.75 per share; net proceeds approx. $70.2M after underwriting discounts and expenses.
- Underwriters granted 30-day option to purchase up to an additional 517,500 shares at the same price.
- Proceeds to be used for general corporate purposes, support continued growth, investments in the Bank, and working capital.
- Offering expected to close on or about April 2, 2024, subject to customary closing conditions.
- Keefe Bruyette & Woods acted as bookrunner; Stephens Inc. and D.A. Davidson & Co. as co-managers.

## SEC filing metadata
- accession: 0001552781-24-000216
- form_type: 8-K
- ticker: FSBC
- cik: 0001275168
- company_name: FIVE STAR BANCORP
- filed_at: 2024-03-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275168/000155278124000216/0001552781-24-000216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275168/000155278124000216/e24153_fsbc-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-24-000216
- JSON: https://secwatch.observer/filing/0001552781-24-000216.json
- Plain text: https://secwatch.observer/filing/0001552781-24-000216.txt

## Key facts
- Material Agreements
  FIVE STAR BANCORP entered into Underwriting Agreement with Keefe, Bruyette & Woods, Inc. valued at 3,450,000 shares of common stock at $21.75 per share (effective 2024-03-28).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Keefe, Bruyette & Woods, Inc.
  - Value: 3,450,000 shares of common stock at $21.75 per share
  - Effective: 2024-03-28
  source text: On March 28, 2024, Five Star Bancorp (the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the “Bank”), entered into an underwriting agreement (the “Underwriting Agreement”) with Keefe, Bruyette & Woods, Inc., as representative of the several underwriters named in Schedule I thereto (collectively, the “Underwriters”), to issue and sell 3,450,000 shares of the Company’s common stock, no par value (“Common Stock”), at a public offering price of $21.75 per share in an underwritten public offering (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275168/000155278124000216/0001552781-24-000216-index.htm

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