{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-095191","form_type":"8-K","ticker":"STEL","cik":"0001473844","company_name":"Stellar Bancorp, Inc.","filed_at":"2022-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.860877+00:00","generated_at":"2026-06-23T21:00:13.837483+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CBTX enters new employment agreements with Jaggers and Parsons for post-merger roles","bullets":["Travis Jaggers to become President of combined bank; annual base salary $375k, term through Dec 31, 2023.","J. Pat Parsons to become Vice Chairman; annual base salary $300k, plus $100k deferred comp and min $150k bonus.","Agreements effective only upon merger close; void if merger terminates without consummation.","Jaggers severance: 2x base salary plus COBRA; Parsons severance: 150% of one year's salary plus COBRA.","Both agreements include non-compete, non-solicitation, and confidentiality covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-095191","json":"https://secwatch.observer/filing/0001104659-22-095191.json","markdown":"https://secwatch.observer/filing/0001104659-22-095191.md","text":"https://secwatch.observer/filing/0001104659-22-095191.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473844/000110465922095191/0001104659-22-095191-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473844/000110465922095191/tm2224675d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T21:00:13.837483+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cb1ca0a916","claim":"Travis Jaggers was appointed as President at Stellar Bancorp, Inc..","evidence_excerpt":"the Jaggers Employment Agreement provides that Mr. Jaggers (i) will serve as the President of the combined bank","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473844/000110465922095191/0001104659-22-095191-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"ddb712da23","claim":"J. Pat Parsons was appointed as Vice Chairman at Stellar Bancorp, Inc..","evidence_excerpt":"The Parsons Employment Agreement provides that Mr. Parsons (i) will serve as Vice Chairman of the combined bank","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1473844/000110465922095191/0001104659-22-095191-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Vice Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}