Business Context and Reporting Period
This Form 8-K Current Report was filed by Five Star Bancorp on March 13, 2022. The registrant is incorporated in California and its common stock trades on The Nasdaq Stock Market LLC under the symbol FSBC. The company is classified as an emerging growth company.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes rather than financial performance.
Material Changes
The primary material change disclosed is the resignation of Michael Campbell from the Board of Directors. Mr. Campbell notified the company of his intention to resign and not to stand for re-election at the 2022 Annual Meeting of Shareholders scheduled for May 19, 2022. He will serve out the remainder of his term until that meeting. The filing explicitly states that this resignation is not the result of any disagreement with the Company.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future business performance. No specific risks, contingencies, or unusual items were disclosed in this report.
Key Facts for Investor Verification
- Michael Campbell is resigning from the Board of Directors effective at the 2022 Annual Meeting.
- The resignation is voluntary and unrelated to any disagreement with the company.
- The 2022 Annual Meeting of Shareholders is scheduled for May 19, 2022.
- No financial data or operational metrics are included in this specific filing.