{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-031662","form_type":"8-K","ticker":"NSTS","cik":"0001881592","company_name":"NSTS Bancorp, Inc.","filed_at":"2026-10-01T12:30:11+00:00","discovered_at":"2026-10-01T12:35:00.487821+00:00","generated_at":"2026-10-12T14:16:58.579135+00:00","sec_items":["2.01","3.01","3.03","5.01","5.02","5.03","5.07","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"NSTS Bancorp completes merger into Brookfield Bancshares; stockholders receive $14.31 per share","bullets":["Merger effective 12:01 a.m. ET Oct 1, 2026; NSTS merged into Brookfield Bancshares and North Shore Trust and Savings became a wholly owned Brookfield subsidiary.","Each NSTS share converted into $14.31 cash; restricted stock and options vested, with total merger consideration of $73,662,000.","Stockholders approved the merger at a Sept 29, 2026 special meeting: 3,762,060 for vs 3,905 against, with 71.69% of outstanding shares represented.","NSTS asked Nasdaq to suspend trading after the Sept 30, 2026 close and file Form 25; Brookfield intends to file a Form 15 to deregister.","Bank CEO Stephen G. Lear and directors Apolonio Arenas and newly appointed Amy Avakian remain on the Bank's board; NSTS officers and directors ceased."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-031662","json":"https://secwatch.observer/filing/0001437749-26-031662.json","markdown":"https://secwatch.observer/filing/0001437749-26-031662.md","text":"https://secwatch.observer/filing/0001437749-26-031662.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881592/000143774926031662/0001437749-26-031662-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881592/000143774926031662/nsts20260930_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:16:58.579135+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}