Short answer
Stellar Bancorp, Inc. (STEL) filed an 8-K current report with the SEC on May 27, 2026 reporting Item 5.07 (Submission of Matters to a Vote of Security Holders). Merger with Prosperity approved overwhelmingly: 39,209,984 votes for versus 59,317 against.
Stellar Bancorp, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.07 · Submission of Matters to a Vote of Security Holders
- Merger with Prosperity approved overwhelmingly: 39,209,984 votes for versus 59,317 against
- 77.3% shareholder participation, with 39,327,868 shares represented and quorum established
- Approval advances Stellar’s merger into Prosperity under the January 27, 2026 Merger Agreement
- Advisory merger-compensation proposal rejected: 15,683,085 votes for versus 23,385,406 against
- Adjournment vote unnecessary because sufficient merger-approval votes were already secured
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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