SR Bancorp Files 8-K Current Report

TL;DR

SR Bancorp dropped an 8-K, something happened on Sept 19th.

AI Summary

SR Bancorp, Inc. filed an 8-K on September 20, 2024, reporting an event on September 19, 2024. The filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934, with no specific details on the event provided in the header information.

Why It Matters

This filing indicates a material event has occurred for SR Bancorp, Inc., requiring public disclosure under SEC regulations.

Risk Assessment

Risk Level: low — The filing is a standard 8-K current report without immediate indication of significant financial or operational changes.

Key Players & Entities

• SR Bancorp, Inc. (company) — Registrant
• September 19, 2024 (date) — Date of earliest event reported
• September 20, 2024 (date) — Filing Date
• Maryland (jurisdiction) — State of Incorporation
• 001-41808 (identifier) — SEC File Number
• 92-2601722 (identifier) — I.R.S. Employer Identification No.
• 220 West Union Avenue (address) — Principal Executive Offices Street
• Bound Brook (location) — Principal Executive Offices City
• New Jersey (location) — Principal Executive Offices State
• 08805 (zip_code) — Principal Executive Offices Zip Code

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value SRBK The NASDAQ Stock Mar

Filing Documents

• form8k_091924.htm (8-K) — 28KB
• ex99-1_8k091924.htm (EX-99.1) — 10KB
• image0.jpg (GRAPHIC) — 281KB
• 0000943374-24-000384.txt ( ) — 564KB
• srbk-20240919.xsd (EX-101.SCH) — 4KB
• srbk-20240919_lab.xml (EX-101.LAB) — 22KB
• srbk-20240919_pre.xml (EX-101.PRE) — 16KB
• form8k_091924_htm.xml (XML) — 4KB

01. Other Events

Item 8.01. Other Events On September 19, 2024, the Board of Directors of SR Bancorp, Inc. (the "Company") adopted its initial stock repurchase program since becoming a public company. Under the repurchase program, the Company may repurchase up to 950,793 shares of its common stock, or approximately 10% of its current outstanding shares. The Company has received regulatory non-objection for this stock repurchase program. Shares of Company common stock may be repurchased in open market or private transactions, through block trades, or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The repurchase program has no expiration date. The timing and amount of share repurchases under the repurchase program may be suspended, terminated or modified by the Company at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The Company is not obligated to repurchase any particular number of shares or any shares in any specific time period. A copy of the press release announcing the stock repurchase program is included as exhibit 99.1 to this report and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (a)

Financial Statements of Businesses Acquired. Not applicable

Financial Statements of Businesses Acquired. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Shell Company Transactions. Not applicable. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated September 20 , 2024. 104 Cover Page Interactive Data File (embedded within Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. SR Bancorp, Inc. DATE: September 20 , 2024 By: /s/ William P. Taylor William P. Taylor Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR