---
schema_version: "secwatch.filing_event.v1"
accession: "0001473844-25-000028"
form_type: "8-K"
ticker: "STEL"
cik: "0001473844"
company_name: "Stellar Bancorp, Inc."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:01:04.820673+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stellar Bancorp authorizes $65M share repurchase; bank joins Federal Reserve System

## Summary
- Board authorized new $65M share repurchase program through May 31, 2026, replacing prior $60M program.
- Under prior program, company repurchased over 2.1M shares at weighted avg prices from $25.83 to $27.99 in 2024-2025.
- Stellar Bank became a Federal Reserve System member effective April 14, 2025; primary federal regulator is now Fed, Texas Dept of Banking as state regulator.
- Repurchases to be made at company's discretion via open market, block trades, etc., subject to market conditions.

## SEC filing metadata
- accession: 0001473844-25-000028
- form_type: 8-K
- ticker: STEL
- cik: 0001473844
- company_name: Stellar Bancorp, Inc.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473844/000147384425000028/0001473844-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473844/000147384425000028/stel-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001473844-25-000028
- JSON: https://secwatch.observer/filing/0001473844-25-000028.json
- Plain text: https://secwatch.observer/filing/0001473844-25-000028.txt

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