Director and 10% Owner Larry Allbaugh Buys $4.25M in FSBC Stock at Offering Price
FSBC sits 65% above its 52-week low of $28.34 on elevated volume (2.0× avg).
Summary
Five Star Bancorp director and 10% owner Larry Allbaugh bought $4.25 million in shares at $44.00, matching the price of the company's concurrent public offering, signaling insider confidence.
Key Events · Ownership and Investor Activity · FSBC
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Insider Purchase at Offering Price
Director and 10% owner Larry Allbaugh acquired 96,591 shares at $44.00 per share, totaling $4,250,004, on July 22, 2026, the same price as the company's public offering.
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Significant Insider Commitment
The purchase represents 0.425% of Five Star Bancorp's market cap, a notable insider buy that aligns with the offering price and signals confidence in the bank's valuation.
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Concurrent Public Offering Context
The purchase occurred alongside a 2.725-million-share public offering priced at $44.00, a 7.1% discount to the current stock price of $46.81, suggesting insiders view the offering price as attractive.
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Strong Earnings Backdrop
The purchase follows Q2 2026 net income of $19.4 million ($0.91 EPS) and 7% sequential loan and deposit growth, reinforcing positive insider sentiment.
Analysis · FSBC · Finance
Director and 10% owner Larry Allbaugh purchased $4.25 million worth of shares at $44.00, the same price as the company's concurrent public offering. This is a significant insider commitment, representing 0.425% of the company's market cap, and aligns with the offering price, signaling confidence in the bank's valuation. The purchase comes amid strong Q2 2026 earnings and a recent stock offering, suggesting insiders view the offering price as attractive.
At the time of this filing, FSBC was trading at $46.81 on NASDAQ in the Finance sector, with a market capitalization of approximately $1B. The 52-week trading range was $28.34 to $50.26. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.