Michael Eugene Lee, who serves as Senior Vice President and Chief Regulatory Officer at Five Star Bancorp (FSBC:CA), completed a sale of 1,200 common shares on February 17, 2026. The shares transferred at a price of $40.735 each, producing gross proceeds of $48,882 for the transaction.
Following the disposition, Lee directly owns 36,472 shares. The holdings reported include awards issued under the Five Star Bancorp 2021 Equity Incentive Plan, with vesting tied to continued employment. The reported shares are registered to The Michael E. Lee & Kaylin M. Fadel-Lee Family Revocable Trust, for which Mr. Lee is identified as a trustee.
In separate corporate disclosures, Five Star Bancorp released fourth-quarter 2025 financial results showing a mixed picture. The bank reported diluted earnings per share of $0.83, outperforming the analyst consensus of $0.762 by 8.92 percent. The EPS result therefore represented a positive surprise versus forecasts.
Revenue for the quarter, however, came in at $40.67 million, which trailed expectations of $42.58 million by 4.49 percent. The company did not report any mergers or acquisitions in connection with the quarter, and no new analyst upgrades or downgrades were mentioned in the disclosures reviewed.
The concurrent disclosure of an insider sale and an earnings release that contained both an EPS beat and a revenue shortfall highlights divergent signals for market participants. The available filings and company statements do not provide further commentary linking the insider transaction to the quarter's financial performance, nor do they indicate changes to analyst coverage or corporate transaction activity.
Investors and observers returning to the bank's filings may therefore wish to monitor subsequent disclosures for clarity on revenue drivers and the vesting status of equity awards issued under the 2021 Equity Incentive Plan. At present, the public record contains the insider sale, the post-transaction share count, and the headline quarterly financial metrics noted above.