Who to call at Five Star Bancorp, and when
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Five Star Bancorp
A senior executive or director joined, left, or changed roles. An 8-K is the notice a US public company must file within four business days of a major event.
fivestarbank.comAI Executive Summary
AI-powered analysis of 8-K filing content
Five Star Bank, the wholly owned subsidiary of Five Star Bancorp, entered into change in control agreements on November 4, 2025, with CFO Heather Luck and Chief Banking Officer Michael Rizzo. The agreements provide severance of 12 months' base salary plus the most recent annual bonus, and full equity vesting, if their employment is terminated or they resign for good reason within a year after a qualifying change in control.
Key Takeaways
Severance under the agreements equals 12 months of base salary plus the most recently paid annual cash bonus, payable within 70 days of termination and subject to a release of claims.
Payments are triggered by a double-trigger structure: a qualifying change in control plus termination without cause (or resignation for good reason) within the year that follows.
3 more takeaways
Related Filings (20)
20 more filings from Five Star Bancorp in the last 90 days
Filing Overview
What This Means
Five Star Bancorp filed with the SEC. Fundz turns 8-K material events into an alert with the right executive attached.
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