0001289130-23-000006.txt : 20230504 0001289130-23-000006.hdr.sgml : 20230504 20230504161231 ACCESSION NUMBER: 0001289130-23-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230502 FILED AS OF DATE: 20230504 DATE AS OF CHANGE: 20230504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Penland Joe Sr CENTRAL INDEX KEY: 0001289130 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38280 FILM NUMBER: 23888851 MAIL ADDRESS: STREET 1: 6550 TRAM ROAD CITY: BEAUMONT STATE: TX ZIP: 77713 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Stellar Bancorp, Inc. CENTRAL INDEX KEY: 0001473844 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 208339782 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 9 GREENWAY PLAZA, SUITE 110 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: (713) 210-7600 MAIL ADDRESS: STREET 1: 9 GREENWAY PLAZA, SUITE 110 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: Stellar Bancorp. Inc. DATE OF NAME CHANGE: 20221003 FORMER COMPANY: FORMER CONFORMED NAME: CBTX, Inc. DATE OF NAME CHANGE: 20171011 FORMER COMPANY: FORMER CONFORMED NAME: CBFH, Inc. DATE OF NAME CHANGE: 20091005 4 1 wf-form4_168323113838287.xml FORM 4 X0407 4 2023-05-02 0 0001473844 Stellar Bancorp, Inc. STEL 0001289130 Penland Joe Sr 9 GREENWAY PLAZA, SUITE 110 HOUSTON TX 77046 1 0 0 0 0 Common Stock 2023-05-02 4 P 0 46000 21.7904 A 531864 D Common Stock 2023-05-03 4 P 0 29512 21.5663 A 561376 D Common Stock 2023-05-02 4 P 0 4000 21.2423 A 227170 I By Penland Foundation Common Stock 724636 I By Tram Road Partners LP The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.3517 to $21.9799, 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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.3937 to $21.7264, 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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.1000 to $21.4000, 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. The reporting person serves as trustee of the Penland Foundation. The reporting person disclaims beneficial ownership of these securities except of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or for any other purpose. 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, LP, a Texas limited partnership. The reporting person disclaims beneficial 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. /s/ Justin M. Long, attorney-in-fact 2023-05-04