Retzloff Steven F. 4

What Happened

• Executive Chairman and Director Steven F. Retzloff had 1,181 shares of Stellar Bancorp common stock withheld to satisfy tax liability related to the vesting of previously granted restricted shares. The withholding was reported as a disposition at an effective price of $35.51 per share, totaling approximately $41,937. This was a tax withholding event (code F), not an open‑market sale or purchase.

Key Details

• Transaction date: 2026-03-15; Filing date (Form 4): 2026-03-17 — appears timely.
• Price per share: $35.51; Shares withheld/disposed: 1,181; Total value: ~$41,937.
• Shares owned after transaction: Not reported in the supplied filing details.
• Footnote: F1 — shares were withheld to satisfy tax liability for vesting of restricted shares previously reported.
• Transaction code F indicates tax withholding (administrative disposition), not a market sale (code S) or purchase.

Context

• This is a routine administrative action to cover tax obligations on vested restricted stock. Such withholding transactions do not necessarily reflect the insider’s market view and are common when awards vest.