North Reef amendment shows 0 shares of Stellar Bancorp (STEL) in joint 13G/A

Rhea-AI Filing Summary

Stellar Bancorp, Inc. filing reports that North Reef Capital Management LP, North Reef Capital Management GP LLC and James Hanna, III jointly filed an amendment to a Schedule 13G indicating 0 shares beneficially owned of Common Stock, representing 0% of the class. The joint filing lists the filers' addresses and citizenships and is signed by the listed representatives.

Insights

Governance Specialist

Joint Schedule 13G/A records zero beneficial ownership by the named entities.

The filing shows North Reef Capital Management LP, its GP and James Hanna, III submitted a joint amendment reporting 0 shares and 0% ownership of Stellar Bancorp common stock. The form includes the filers' addresses, citizenship and signatures.

Because the filing documents de minimis ownership, its governance impact is minimal; subsequent filings would be needed to show any change in holdings.

Compliance Officer

Administrative Schedule 13G/A amendment confirms filing compliance rather than a trading event.

The amendment clarifies ownership metrics and attaches a Joint Filing Agreement as Exhibit 99.1. Signatures from compliance and the managing member are present, meeting signature requirements for Schedule 13G amendments.

No proceeds, transactions, or beneficial holdings are reported; regulatory status appears routine.

Key Figures

Beneficially owned: 0 shares Percent of class: 0% CUSIP: 858927106 +1 more

4 metrics

Beneficially owned 0 shares Common Stock, par value $0.01 per share

Percent of class 0% Common Stock (CUSIP 858927106)

CUSIP 858927106 Common Stock identifier

Issuer address 9 Greenway Plaza, Suite 110, Houston, TX Issuer principal executive office

Key Terms

Schedule 13G/A, Beneficially owned, Joint Filing Agreement

3 terms

Schedule 13G/A regulatory

"Amendment to Schedule 13G filing reporting ownership interests"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficially owned financial

"Amount beneficially owned: 0"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Joint Filing Agreement regulatory

"EXHIBIT 99.1 - JOINT FILING AGREEMENT"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Stellar Bancorp, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

858927106

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 858927106

1

Names of Reporting Persons

North Reef Capital Management LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP Number(s): 858927106

1

Names of Reporting Persons

North Reef Capital Management GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Limited Liability Company

SCHEDULE 13G

CUSIP Number(s): 858927106

1

Names of Reporting Persons

James Hanna, III

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Stellar Bancorp, Inc.
(b)	Address of issuer's principal executive offices: 9 Greenway Plaza, Suite 110, Houston, TX, 77046
Item 2.
(a)	Name of person filing: North Reef Capital Management LP North Reef Capital Management GP LLC James Hanna, III
(b)	Address or principal business office or, if none, residence: c/o North Reef Capital Management LP 1833 South Coast Highway Suite 210 Laguna Beach, California 92651
(c)	Citizenship: North Reef Capital Management LP - Delaware North Reef Capital Management GP LLC - Delaware James Hanna, III - California
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 858927106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

North Reef Capital Management LP

Signature:	/s/ Daniel Locasto
Name/Title:	Chief Compliance Officer
Date:	05/15/2026

North Reef Capital Management GP LLC

Signature:	/s/ James Hanna, III
Name/Title:	Managing Member
Date:	05/15/2026

James Hanna, III

Signature:	/s/ James Hanna, III
Name/Title:	James Hanna, III
Date:	05/15/2026

Exhibit Information

EXHIBIT 99.1 - JOINT FILING AGREEMENT

FAQ

What does the STEL Schedule 13G/A amendment say about ownership?

It states that North Reef entities and James Hanna beneficially own 0 shares, representing 0% of Stellar Bancorp common stock. The filing is an amendment and includes signatures and a joint filing agreement.

Who filed the Schedule 13G/A for Stellar Bancorp (STEL)?

The filing was made jointly by North Reef Capital Management LP, North Reef Capital Management GP LLC and James Hanna, III, with addresses and citizenships provided in the form.

Does the Schedule 13G/A report any shares bought or sold by North Reef?

No; the amendment reports 0 shares beneficially owned and lists 0% of the class. The document does not disclose any purchase or sale transactions.

Is there disclosure of voting or dispositive power in the filing?

Yes; the filing lists 0 for sole and shared voting power and 0 for sole and shared dispositive power, consistent with the reported 0% ownership.

What Exhibit accompanies the Schedule 13G/A amendment?

The filing includes Exhibit 99.1, a Joint Filing Agreement, signed by the filing parties and dated in the signatures section.