Akin Okan I., an insider at Stellar Bancorp Inc (STEL), sold 81,500 shares of the company on September 30, 2025, at a price of $30.00 per share, resulting in a total transaction value of $2.44 million. Following this sale, Okan retains 81,500 shares in the firm.
Stellar Bancorp, headquartered in Houston, Texas, operates in the banking industry, providing a range of commercial banking services, including personal and commercial banking, real estate loans, and investment services. With a market capitalization of $1.5 billion, the company has a price-to-earnings ratio of 14.99 and a trailing earnings per share of 1.95. The firm is scheduled to report earnings on April 23, 2026, with an estimated EPS of $0.46.
Insider transactions like this one are reported to the SEC, offering transparency into executive actions. While such sales can occur for various reasons—ranging from diversification to personal financial needs—they do not inherently reflect negative sentiment about the company. Investors are advised to consider insider activity in conjunction with broader market indicators and company fundamentals rather than in isolation.