Martinez George's Form 4/A amendment
AmendedStellar Bancorp, Inc.STEL · filed Jan 26, 2023
- Accession no.
- 0001183116-23-000002
- Filed
- Jan 26, 2023
- Trade date
- Dec 5-7, 2022
- Filing delay
- 52 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Dec 7, 2022
This filing lists 5 non-derivative transactions. Open-market sales total $1.79M. It was filed 52 days after the trade.
This amendment replaces 0001183116-22-000012 (filed Dec 28, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Martinez GeorgeCIK 0001183116 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 5, 2022 | Common Stock | SSaleDisposed | −21,077 | $30.73F2 | −$647,696.21 | 341,419 | Indirect | |
| Dec 5, 2022 | Common Stock | SSaleDisposed | −3,519 | $31.80F3 | −$111,904.2 | 337,900 | Indirect | |
| Dec 5, 2022 | Common Stock | SSaleDisposed | −1,009 | $32.78F4 | −$33,075.02 | 336,891 | Indirect | |
| Dec 6, 2022 | Common Stock | SSaleDisposed | −21,099 | $30.65F5 | −$646,684.35 | 315,792 | Indirect | |
| Dec 7, 2022 | Common Stock | SSaleDisposed | −11,408 | $30.53F6 | −$348,286.24 | 304,384 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 7, 2022.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.34 to $31.31, inclusive. The reporting person undertakes to provide to Stellar Bancorp, Inc., any security holder of Steller Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (6),
Referenced by the price of 1 transaction in Table I.
- F3
These shares were sold in multiple transactions at prices ranging from $31.35 to $32.31, inclusive.
Referenced by the price of 1 transaction in Table I.
- F4
These shares were sold in multiple transactions at prices ranging from $32.42 to $33.16, inclusive.
Referenced by the price of 1 transaction in Table I.
- F5
These shares were sold in multiple transactions at prices ranging from $30.27 to $30.83, inclusive.
Referenced by the price of 1 transaction in Table I.
- F6
These shares were sold in multiple transactions at prices ranging from $30.34 to $30.93, inclusive.
Referenced by the price of 1 transaction in Table I.
Remarks
On December 7, 2022, the reporting person filed a Form 4 which inadvertently reported that, following the sales of shares of common stock, he indirectly owned 197,455 shares of Stellar Bancorp, Inc. In fact, the reporting person indirectly owned the shares of Stellar Bancorp, Inc. common stock reported in this amendment.