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