Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-24

Five Star Bancorp (FSBC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,780,757
James Beckwith total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against FSBC
10 companies name FSBC as a compensation peer

Each company listed discloses FSBC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named FSBC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
James Beckwith$698,988$0$439,963$0$605,365$0$36,441$1,780,757
President and Chief Executive Officer
Don Kurtze308,867292,500199,97000019,581820,918
Executive Vice President and San Francisco Bay Area Region President
Michael Rizzo399,2630199,9700146,695037,943783,871
Executive Vice President and Chief Banking Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
James Beckwith$1,780,757$1,547,837+232,920
Don Kurtze820,918
Michael Rizzo783,871570,391+213,480

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Lydia Ann Ramirez-MedinaEVP & Chief Operating Officer2026-05-06D400$41$16,396CommonForm 4 ↗
Michael Eugene LeeSVP & Chief Regulatory Officer2026-05-07D1,6414167,708CommonForm 4 ↗
Brett Levi WaitSVP & CIO2026-05-14D2,58341106,179CommonForm 4 ↗
James Eugene BeckwithDirector2026-05-20D2,0004182,240CommonForm 4 ↗
James Eugene BeckwithDirector2026-05-20D2,42841100,374CommonForm 4 ↗
James Eugene BeckwithDirector2026-05-20D2,0004182,440CommonForm 4 ↗
Shelley Ronan WettonSVP, Chief Marketing Officer2026-05-21A90500CommonForm 4 ↗
Don KurtzeEVP, SF Bay Area President2026-05-21A2,71500CommonForm 4 ↗
Brett Levi WaitSVP, Chief Information Officer2026-05-21A90500CommonForm 4 ↗
Michael RizzoEVP, Chief Banking Officer2026-05-21A2,71500CommonForm 4 ↗
Michael Eugene LeeSVP, Chief Regulatory Officer2026-05-21A90500CommonForm 4 ↗
Lydia Ann Ramirez-MedinaEVP, Chief Operating Officer2026-05-21A2,71500CommonForm 4 ↗
Heather Christina LuckEVP, Chief Financial Officer2026-05-21A2,71500CommonForm 4 ↗
Michael Eugene LeeSVP, Chief Regulatory Officer2026-05-21D8674135,746CommonForm 4 ↗
John William DaltonSVP, Chief Credit Officer2026-05-21A90500CommonForm 4 ↗
Brett Levi WaitSVP, Chief Information Officer2026-05-26D1,6404269,323CommonForm 4 ↗
Larry E. AllbaughDirector2026-05-29D150,00000Common, indirectForm 4 ↗
Donna L. LucasDirector2026-07-22A1,1364449,984CommonForm 4 ↗
Larry E. AllbaughDirector2026-07-22A90,909443,999,996Common, indirectForm 4 ↗
Larry E. AllbaughDirector2026-07-22A5,68244250,008CommonForm 4 ↗
Robert T. Perry-SmithDirector2026-07-22A31,363441,379,972CommonForm 4 ↗
Judson T. RiggsDirector2026-07-22A2,27344100,012CommonForm 4 ↗
Kevin F. RamosDirector2026-07-22A5,68244250,008CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael RizzoPSU2025-04-17$100,000
James BeckwithPSU2025-06-18220,000
Don KurtzePSU2025-04-17100,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michael Rizzo$0$100,000$0100.0%
James Beckwith0220,0000100.0%
Don Kurtze0100,0000100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michael RizzoPSU1,605$57,427
James BeckwithPSU16,000572,480
James BeckwithPSU3,531126,339
Don KurtzePSU1,60557,427
Michael RizzoPSU1,40050,092
Michael RizzoPSU4,800171,744
Don KurtzePSU3,629129,846
Michael RizzoPSU3,629129,846
James BeckwithPSU19,284689,982
James BeckwithPSU7,062252,678
Don KurtzePSU33311,915
05

Incentive-plan design — the Compensation Discussion & Analysis

reinforce the long-term alignment of the Company's executives with the interests of our shareholders. The PSUs are intended to strengthen our pay-for-performance philosophy, while the service-based RSAs are granted to promote share ownership and executive retention.

CEO STI target (% of salary)75%
CEO LTI target (% of salary)
Independent consultantPearl Meyer Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert T. Perry-SmithIndependent · Board Chair · Audit (Chair) · Compensation · Governance and Nominating$103,875$37,860$0$0$0$141,735
Randall E. ReynosoIndependent · Audit55,87537,86000093,735
Larry E. AllbaughIndependent · Governance and Nominating (Chair)55,87537,86000093,735
Kevin F. RamosIndependent · Compensation55,87537,86000093,735
Judson T. RiggsIndependent · Compensation (Chair)51,37537,86000089,235
David F. NickumIndependent · Loan51,37537,86000089,235
Donna L. LucasIndependent · Compensation48,37537,86000086,235
Warren P. KashiwagiIndependent · Audit48,37537,86000086,235
Shannon Deary-BellIndependent · Governance and Nominating48,37537,86000086,235
James E. BeckwithEmployee director00000
Leigh A. WhiteIndependent · Loan · Departed during FY000000
09

Board fee structure and ownership guideline

Annual cash retainer$38,496
Annual equity retainer$37,860
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 7,500 / 7,500
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$519,375
Equity awards (grant-date value)$340,740
All other compensation$0
Total cost of the board$860,115

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Five Star Bancorp2025James Beckwith$698,988$439,963$0$605,365$1,780,757

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

FAQ

Frequently asked questions

Who was the highest-paid executive at Five Star Bancorp in fiscal 2025?
The highest-paid executive at Five Star Bancorp in fiscal 2025 was James Beckwith, who served as President and Chief Executive Officer with total compensation of $1,780,757.
How does Five Star Bancorp's chief executive pay compare to its disclosed peer group?
The filing does not disclose the CEO pay percentile of disclosed peers for Five Star Bancorp.
What is Five Star Bancorp's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio is not disclosed in this extract.
How did shareholders vote on Five Star Bancorp's executive compensation?
Shareholder support for executive compensation is not disclosed in this extract.
How much does Five Star Bancorp spend in total on board compensation for fiscal 2025?
Five Star Bancorp reported total board compensation of $860,115 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, James BeckwithDEF 14A2026-03-300001628280-26-022075Section “Summary Compensation Table” · page 23. As printed: 1,780,757. Filing ↗machine: span 236440–236449
2Section 01, Don KurtzeDEF 14A2026-03-300001628280-26-022075Section “Summary Compensation Table” · page 23. As printed: 820,918. Filing ↗machine: r4 · c24 · span 242536–242543
3Section 01, Michael RizzoDEF 14A2026-03-300001628280-26-022075Section “Summary Compensation Table” · page 23. As printed: 783,871. Filing ↗machine: r7 · c24 · span 246696–246703
4Section 03, Michael Rizzo PSUDEF 14A2026-03-300001628280-26-022075Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 274423–274430
5Section 03, James Beckwith PSUDEF 14A2026-03-300001628280-26-022075Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 274570–274577
6Section 03, Don Kurtze PSUDEF 14A2026-03-300001628280-26-022075Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 274423–274430
7Section 07, pay ratio10-K2026-02-270001628280-26-012724Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Robert T. Perry-SmithDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 141,735. Filing ↗machine: t7 · r7 · c6 · span 345995–346002
9Section 08, Randall E. ReynosoDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 93,735. Filing ↗machine: t7 · r9 · c6 · span 348326–348332
10Section 08, Larry E. AllbaughDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 93,735. Filing ↗machine: t7 · r2 · c11 · span 340027–340033
11Section 08, Kevin F. RamosDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 93,735. Filing ↗machine: t7 · r8 · c6 · span 347159–347165
12Section 08, Judson T. RiggsDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 89,235. Filing ↗machine: t7 · r10 · c6 · span 349490–349496
13Section 08, David F. NickumDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 89,235. Filing ↗machine: t7 · r6 · c6 · span 344824–344830
14Section 08, Donna L. LucasDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 86,235. Filing ↗machine: t7 · r5 · c6 · span 343660–343666
15Section 08, Warren P. KashiwagiDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 86,235. Filing ↗machine: t7 · r4 · c6 · span 342497–342503
16Section 08, Shannon Deary-BellDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 86,235. Filing ↗machine: t7 · r3 · c6 · span 341329–341335
17Section 08, James E. BeckwithDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 0. Filing ↗
18Section 08, Leigh A. WhiteDEF 14A2026-03-300001628280-26-022075Section “Director Compensation”. As printed: 0. Filing ↗machine: t7 · r11 · c6 · span 350753–350754
19Section 02, Lydia Ann Ramirez-Medina 2026-05-06Form 42026-05-070001628280-26-032244Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Michael Eugene Lee 2026-05-07Form 42026-05-080001628280-26-032745Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Brett Levi Wait 2026-05-14Form 42026-05-150001628280-26-035481Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, James Eugene Beckwith 2026-05-20Form 42026-05-220001628280-26-037837Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, James Eugene Beckwith 2026-05-20Form 42026-05-220001628280-26-037837Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, James Eugene Beckwith 2026-05-20Form 42026-05-220001628280-26-037837Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Shelley Ronan Wetton 2026-05-21Form 42026-05-260001628280-26-038088Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Don Kurtze 2026-05-21Form 42026-05-260001628280-26-038075Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Brett Levi Wait 2026-05-21Form 42026-05-260001628280-26-038087Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Michael Rizzo 2026-05-21Form 42026-05-260001628280-26-038080Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Michael Eugene Lee 2026-05-21Form 42026-05-260001628280-26-038077Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Lydia Ann Ramirez-Medina 2026-05-21Form 42026-05-260001628280-26-038079Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Heather Christina Luck 2026-05-21Form 42026-05-260001628280-26-038078Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Michael Eugene Lee 2026-05-21Form 42026-05-260001628280-26-038077Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, John William Dalton 2026-05-21Form 42026-05-260001628280-26-038073Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Brett Levi Wait 2026-05-26Form 42026-05-270001628280-26-038406Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Larry E. Allbaugh 2026-05-29Form 42026-06-020001628280-26-039759Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Donna L. Lucas 2026-07-22Form 42026-07-240001628280-26-049618Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Larry E. Allbaugh 2026-07-22Form 42026-07-240001628280-26-049623Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Larry E. Allbaugh 2026-07-22Form 42026-07-240001628280-26-049623Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Robert T. Perry-Smith 2026-07-22Form 42026-07-240001628280-26-049621Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Judson T. Riggs 2026-07-22Form 42026-07-240001628280-26-049616Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Kevin F. Ramos 2026-07-22Form 42026-07-240001628280-26-049615Insider equity transaction reported since the proxy statement. Filing ↗
42Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
43Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
44Section 09b board cost (computed)ComputedcomputedCash 519,375 + equity 340,740 + all other 0 = 860,115, summed across the director compensation table rows.machine: formula: Σ = 860,115
45Five Star Bancorp (subject), Section 10b CEO totalDEF 14A2026-03-300001628280-26-022075CEO total compensation as printed in Five Star Bancorp's own proxy. As printed: 1,780,757. Filing ↗machine: span 236440–236449