secwatch.observer — SEC 8-K summary
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Issuer:     STEELE BANCORP INC (STLE)
CIK:        0000779227
Form:       8-K
Filed at:   2026-08-28T12:31:23+00:00
Accession:  0001437749-26-029132
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steele Bancorp adds SERP for Troxell, raises retirement benefits for Kapsar, Graver, Eberhart
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- New SERP for J. Todd Troxell (Corporate Secretary, SEVP & CBO) pays $45,600/yr for 15 years starting at age 65.
- CEO Kapsar's normal retirement benefit raised from $114,000 to $157,000/yr; CFO Graver from $71,000 to $117,000; COO Eberhart from $55,000 to $79,000.
- Amendments also adjust early termination, disability, death, and change-in-control benefits per vesting schedules.
- Agreements approved by Bank board on July 16, 2026; effective date August 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779227/000143774926029132/0001437749-26-029132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779227/000143774926029132/miff20260824_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-029132

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