---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-033029"
form_type: "8-K"
ticker: "FSBC"
cik: "0001275168"
company_name: "FIVE STAR BANCORP"
filed_at: "2025-06-25T23:59:59+00:00"
generated_at: "2026-05-18T19:04:40.899151+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Five Star Bancorp awards CEO James Beckwith $440K in PSUs and RSAs under new LTI program

## Summary
- PSUs: $220,000 with performance vesting based on 3-year avg ROA vs S&P Global Western Region peer group.
- RSAs: $220,000 vesting in equal annual installments over 5 years from grant date.
- Grant date expected on or about July 28, 2025; award under 2021 Equity Incentive Plan.
- Program is substantially similar to LTI program approved for other executive officers on April 17, 2025.
- PSU vesting tiers: 50% at 60th percentile, 100% at 70th, 150% at 80th or higher, vest Dec 31, 2027.

## SEC filing metadata
- accession: 0001628280-25-033029
- form_type: 8-K
- ticker: FSBC
- cik: 0001275168
- company_name: FIVE STAR BANCORP
- filed_at: 2025-06-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275168/000162828025033029/0001628280-25-033029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275168/000162828025033029/fsbc-20250618.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-033029
- JSON: https://secwatch.observer/filing/0001628280-25-033029.json
- Plain text: https://secwatch.observer/filing/0001628280-25-033029.txt

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