secwatch.observer — SEC 8-K summary
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Issuer:     Stellar Bancorp, Inc. (STEL)
CIK:        0001473844
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001473844-25-000003
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Michael A. Havard to retire, not standing for reelection at 2025 annual meeting
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- Michael A. Havard provided notice on Jan 6, 2025, that he will not stand for reelection at the 2025 Annual Shareholder's Meeting.
- Havard has served as director since 2017 and is a member of the Compensation and Audit Committees.
- He will continue as director until his term expires at the 2025 Annual Meeting, then retire.
- His decision was not due to any disagreement with the company regarding operations, policies, or practices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473844/000147384425000003/0001473844-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473844/000147384425000003/stel-20250106.htm
  HTML page:      https://secwatch.observer/filing/0001473844-25-000003

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