secwatch.observer — SEC 8-K summary
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Issuer:     Stellar Bancorp, Inc. (STEL)
CIK:        0001473844
Form:       8-K
Filed at:   2026-05-27T20:45:19+00:00
Accession:  0001193125-26-242039
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Stellar Bancorp shareholders approve merger with Prosperity; advisory compensation vote fails
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- Merger approved: 39,209,984 votes For (99.8% of votes cast), 59,317 Against, 58,567 Abstentions.
- Non-binding advisory compensation proposal rejected: 15,683,085 For vs 23,385,406 Against.
- Quorum of 77.3% (39,327,868 shares) present; adjournment proposal not needed.
- Deal with Prosperity Bancshares (PB) approved; merger expected to close pending remaining conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473844/000119312526242039/0001193125-26-242039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473844/000119312526242039/d128647d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-242039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer