Director Robert Perry-Smith Buys $1.38M in Five Star Bancorp 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 Robert Perry-Smith bought $1.38 million in shares at $44.00, matching the price of the company's July 22 public offering. The purchase underscores insider confidence amid strong Q2 results and a capital raise.
Key Events · Ownership and Investor Activity · FSBC
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Director Buys $1.38M at Offering Price
Director Robert Truxtun Perry-Smith acquired 31,363 shares at $44.00 per share, totaling $1,379,972, on July 22, 2026 — the same day the company launched a 2.725-million-share public offering at the same price.
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Alignment with Institutional Investors
The purchase price matches the offering price, signaling that the director is willing to invest on the same terms as new institutional buyers, reinforcing confidence in the bank's valuation.
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Strong Earnings Backdrop
The buy follows Q2 2026 net income of $19.4 million ($0.91 EPS) and 7% sequential loan and deposit growth, reported on July 22, 2026.
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Post-Transaction Ownership
Following the purchase, Perry-Smith holds 258,898 shares, including 974 unvested restricted shares, all held indirectly through a trust.
Analysis · FSBC · Finance
Director Robert Truxtun Perry-Smith purchased $1.38 million worth of shares at $44.00 — the exact price of the company's concurrent public offering. This is a significant open-market buy by a board member, aligning his interests with new institutional investors and signaling confidence in the bank's strong earnings trajectory. The purchase represents 0.138% of the company's market cap, a notable commitment for a director.
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.