---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-104952"
form_type: "8-K"
ticker: "STEL"
cik: "0001473844"
company_name: "Stellar Bancorp, Inc."
filed_at: "2022-10-03T23:59:59+00:00"
generated_at: "2026-06-23T05:55:31.579017+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Stellar Bancorp completes merger with Allegiance; ticker changes to STEL, executives named

## Summary
- Merger of equals closed Oct 1, 2022; Allegiance shareholders received 1.4184 Stellar shares per share.
- Company renamed Stellar Bancorp, Inc.; ticker changes from CBTX to STEL; authorized shares increased to 140M.
- Assumed ~$111.3M debt: $7.7M and $3.6M trust preferred, $60M sub notes, $40M Combined Bank notes.
- Board reconstituted to 14 directors (7 legacy CBTX, 7 legacy Allegiance); Franklin CEO, Retzloff Exec Chairman, Vitulli President, Egge CFO.

## SEC filing metadata
- accession: 0001104659-22-104952
- form_type: 8-K
- ticker: STEL
- cik: 0001473844
- company_name: Stellar Bancorp, Inc.
- filed_at: 2022-10-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 2.03, 3.03, 5.01, 5.02, 5.03, 5.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/tm2227178d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-104952
- JSON: https://secwatch.observer/filing/0001104659-22-104952.json
- Plain text: https://secwatch.observer/filing/0001104659-22-104952.txt

## Key facts
- Executive change
  Steven F. Retzloff was appointed as Executive Chairman at Stellar Bancorp, Inc..
  - Action: appointed
  - Role: Executive Chairman
  source text: Steven F. Retzloff, the current Chief Executive Officer of Allegiance, was appointed as a director of the Company and the Executive Chairman of the Company and Senior Executive Chairman of the Combined Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm
- Executive change
  J. Pat Parsons was appointed as Vice Chairman of the Combined Bank at Stellar Bancorp, Inc..
  - Action: appointed
  - Role: Vice Chairman of the Combined Bank
  source text: and was appointed as the Vice Chairman and a director of the Combined Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm
- Executive change
  J. Pat Parsons departed as Vice Chairman at Stellar Bancorp, Inc..
  - Action: ceased to serve
  - Role: Vice Chairman
  source text: J. Pat Parsons, ceased to serve as the Company’s former Vice Chairman and a director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm
- Executive change
  Ramon A. Vitulli, III was appointed as President at Stellar Bancorp, Inc..
  - Action: appointed
  - Role: President
  source text: Ramon A. Vitulli, III was appointed President of the Company and Chief Executive Officer of the Combined Bank
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm
- Executive change
  Robert T. Pigott, Jr. departed as Chief Financial Officer at Stellar Bancorp, Inc..
  - Action: ceased to serve
  - Role: Chief Financial Officer
  source text: Robert T. Pigott, Jr., ceased to serve as the Company’s Chief Financial Officer and Senior Executive Vice President
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm
- Executive change
  Robert R. Franklin, Jr. was appointed as Chief Executive Officer at Stellar Bancorp, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Robert R. Franklin, Jr., the current Chairman, President and Chief Executive Officer of the Company, was appointed as a director and the Chief Executive Officer of the Company and Executive Chairman of the Combined Bank. He also ceased to serve as the Chairman and President of the Company at the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm
- Executive change
  Robert T. Pigott, Jr. was appointed as Senior Vice President of the Combined Bank at Stellar Bancorp, Inc..
  - Action: appointed
  - Role: Senior Vice President of the Combined Bank
  source text: and was appointed Senior Vice President of the Combined Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm
- Executive change
  Paul P. Egge was appointed as Chief Financial Officer at Stellar Bancorp, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Paul P. Egge was appointed Senior Executive Vice President and Chief Financial Officer of the Company and the Combined Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473844/000110465922104952/0001104659-22-104952-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.