Sirkel Jason D. 4
4 · Stellar Bancorp, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Stellar Bancorp (STEL) Chief Banking Officer Jason Sirkel Withholds 444 Shares
What Happened
Jason D. Sirkel, Chief Banking Officer of Stellar Bancorp (STEL), had 444 shares of common stock withheld to satisfy tax obligations tied to the vesting of previously granted restricted shares. The withholding was executed at $35.51 per share for a total value of $15,766. The Form 4 reports the shares as a disposition (code F).
Key Details
- Transaction date: 2026-03-15; Filing date: 2026-03-17 (appears timely).
- Price per share: $35.51; Shares withheld/disposed: 444; Total value: $15,766.
- Footnote: F1 — shares were withheld to satisfy tax liability for vesting of restricted common stock previously reported.
- Shares owned after transaction: not specified in the provided filing.
Context
This was a tax-withholding event related to the vesting of restricted stock (code F), not an open-market sale or purchase. Such withholdings are routine and typically reflect tax obligations rather than an insider's decision to sell shares for investment reasons.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-15$35.51/sh−444$15,766→ 35,535 total
- 30,000
Employee Stock Option (right to buy)
Footnotes (1)
- [F1]Represents shares withheld to satisfy tax liability for vesting of restricted shares of Common Stock previously reported.