Egge Paul P 4

What Happened
Paul P. Egge, Senior Executive Vice President and Chief Financial Officer of Stellar Bancorp (STEL), was granted two awards on March 1, 2026 totaling 9,142 shares (4,571 shares in each entry). Both grants are reported as acquisitions at $0.00 (compensation awards), not open-market purchases or sales.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (timely filing).
• Grants: two entries of 4,571 shares each @ $0.00; total awarded = 9,142 shares; no cash paid.
• Transaction code: A (award/grant).
• Shares owned after transaction: not disclosed in the filing excerpt.
• Footnote F1: restricted common shares vest in roughly equal installments on March 1 of 2027, 2028 and 2029, subject to continued employment.
• Footnote F2: represents performance share units (PSUs) that vest based on time and performance conditions.
• No tax-withholding or sale activity reported in this filing.

Context
These awards are compensation-related (restricted shares and performance units) and generally reflect long-term incentive pay rather than an immediate market buy or sell. Restricted shares are typically non-transferable until vested; PSUs may convert to shares only if performance and time conditions are met. Such grants are common for executive retention and pay alignment and do not, by themselves, indicate the insider is buying or selling stock for personal investment.