Stellar Bancorp (STEL) Chairman Retzloff Sells 552,815 Shares
Insider trading at Stellar Bancorp sees Executive Chairman Steven Retzloff sell 552,815 shares on July 1, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Steven Retzloff, Executive Chairman at Stellar Bancorp, Inc. ($STEL), sold 552,815 shares on July 1, 2026. The trade was reported to the SEC in a Form 4 filing.
STEL
Stellar Bancorp, Inc.
Key Points
- Steven Retzloff sold 552,815 shares of Stellar Bancorp (STEL) on July 1, 2026, valued at approximately $21.7 million based on the current share price of $39.32.
- This sale follows other significant insider trades on the same day, including Penland Joe SR, who sold over 1.5 million shares.
- Stellar Bancorp has a market cap of about $2 billion and a P/E ratio of 19.1, reflecting its position in the banking sector.
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Insider Buying and Selling at Stellar Bancorp, Inc.
On July 1, 2026, Steven Retzloff, the Executive Chairman of Stellar Bancorp (STEL) on the NYSE, sold 552,815 shares. This sale is valued at about $21.7 million, with the stock trading at $39.32 at the time.
What Changed in Retzloff's Position
Retzloff's sale of 552,815 shares represents a significant move given his role in the company. This transaction adds to a wave of insider selling on the same day, highlighting a notable trend among company executives.
Other Insiders Join the Sell-Off
On the same day, several other insiders also sold shares of Stellar Bancorp. Chief Banking Officer Jason Sirkel sold 65,535 shares, while Frances Jeter sold 29,136 shares. Reagan Reaud sold 13,263 shares, and Jon-Al Duplantier sold 10,508 shares. Notably, Penland Joe SR sold over 1.5 million shares, marking the largest insider sale of the day.
Stock Performance Context
Stellar Bancorp's stock has been performing well, trading close to its 52-week high of $40.21, which suggests a positive market sentiment. The shares have shown strength, especially given the recent trading around a 50-day moving average of $37.76.
What STEL Does
Stellar Bancorp provides a wide range of banking services primarily aimed at small and medium-sized businesses, as well as individual customers. The recent insider sales might reflect personal financial strategies rather than a lack of confidence in the bank's operations.
What's Ahead for STEL
Investors should keep an eye on future filings and any additional insider trades, as they can provide insights into executive sentiment. The recent insider activity on July 1, 2026, raises questions about the motivations behind these sales, especially in a company that is performing well financially.
Related Filing Alerts
Source: Steven Retzloff's Form 4 filing on $STEL (Jul 1, 2026). Find the original filing: STEL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts