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Stellar Bancorp, Inc. Director's Dealing 2024

Jun 12, 2024

31871_dirs_2024-06-12_3260c8aa-ccf5-4b59-a202-464859ecc393.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Stellar Bancorp, Inc. (STEL)
CIK: 0001473844
Period of Report: 2024-06-10

Reporting Person: Penland Joe Sr (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-06-10 Common Stock A 2660 Acquired 583090 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4000 Indirect
Common Stock 724636 Indirect
Common Stock 227170 Indirect

Footnotes

F1: Represents restricted shares of Common Stock that will vest on May 1, 2025, subject to continued service as a director of the issuer on such date.

F2: The reporting person is the chief executive officer of Quality Mat Company, a Texas corporation. The reporting person disclaims ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.

F3: The reporting person is the manager and member of Tram Road Managers, LLC, a Texas limited liability company, which is the general partner of Tram Road Partners, L.P., a Texas limited partnership. The reporting person disclaims ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.

F4: The reporting person serves as trustee of the Penland Foundation. The reporting person disclaims ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose.