GEORGE MARTINEZ - 08 Dec 2022 Form 4 Insider Report for Stellar Bancorp, Inc. (STEL)

Role: Director
Signature: /s/ Shanna Kuzdzal, Attorney-in-fact
Issuer symbol: STEL
Transactions as of: 08 Dec 2022
Transactions value $: -$383,515
Form type: 4
Filing time: 09 Dec 2022, 15:56:34 UTC
Previous filing: 28 Dec 2022
Next filing: 17 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STEL	Common Stock	Sale	-$375K	-12.5K	-6.33%	$29.95	185K	08 Dec 2022	By Martinez 2007 Family Partnership Ltd.	F1, F2
transaction	STEL	Common Stock	Sale	-$8.88K	-300	-0.16%	$29.61	185K	08 Dec 2022	By Martinez 2007 Family Partnership Ltd.	F1
holding	STEL	Common Stock						4.92K	08 Dec 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 $29.62 to $30.61, 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 this footnote.

Content

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.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.62 to $30.61, 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 this footnote.