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Stellar Bancorp, Inc. (STEL) Form 8-K — Jul 1, 2026

$STELForm 8-KItems 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01Filed Jul 1, 2026, 7:30 AM ET0001193125-26-291511Original filing

Stellar Bancorp, Inc. completed its merger with Prosperity Bancshares, Inc. on July 1, 2026, with Prosperity continuing as the surviving corporation. As a result of the transaction, Stellar Bank merged with and into Prosperity Bank.

Key figures

Exchange ratio
0.3803
Cash consideration per share
$11.36
Prosperity avg closing price
$71.44
Securities sold balance sheet repositioning
$466.4 million

AI analysis

Red flags2 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.