Stellar Bancorp, Inc. — Director's Dealing 2022

Dec 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Stellar Bancorp, Inc. (STEL)
CIK: 0001473844
Period of Report: 2022-12-05

Reporting Person: MARTINEZ GEORGE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-05	Common Stock	S	21077	$30.733	Disposed	234490	Indirect
2022-12-05	Common Stock	S	3519	$31.7967	Disposed	230971	Indirect
2022-12-05	Common Stock	S	1009	$32.783	Disposed	229962	Indirect
2022-12-06	Common Stock	S	21099	$30.647	Disposed	208863	Indirect
2022-12-07	Common Stock	S	11408	$30.5279	Disposed	197455	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4915	Direct

Footnotes

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 Stellar 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).

F3: These shares were sold in multiple transactions at prices ranging from $31.35 to $32.31, inclusive.

F4: These shares were sold in multiple transactions at prices ranging from $32.42 to $33.16, inclusive.

F5: These shares were sold in multiple transactions at prices ranging from $30.27 to $30.83, inclusive.

F6: These shares were sold in multiple transactions at prices ranging from $30.34 to $30.93, inclusive.