Vitulli, III Ramon A. 4

What Happened

• Ramon A. Vitulli, III, President of Stellar Bancorp (STEL), had 1,318 shares withheld on March 15, 2026 to satisfy tax liability related to vesting of previously reported restricted shares. The 1,318 shares were valued at $35.51 each, totaling approximately $46,802. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-15; Filing date (Form 4): 2026-03-17 (filed within the typical two-business-day window).
• Price per share: $35.51; Total value of shares withheld: ~$46,802.
• Transaction type/code: F — shares withheld to satisfy tax liability on vested restricted stock.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: F1 — Represents shares withheld to satisfy tax liability for vesting of restricted shares previously reported.

Context

• Tax withholding on vesting is a routine administrative action and does not indicate an open-market sale or direct change in insider sentiment. It typically results from the company retaining (or repurchasing) shares to cover required taxes when restricted stock vests.