SR Bancorp, Inc. Annual Meeting Set for Nov 20

TL;DR

SR Bancorp (SRBC) annual meeting Nov 20 - vote your shares!

AI Summary

SR Bancorp, Inc. is holding its annual meeting of stockholders on November 20, 2024. The meeting will cover standard corporate business, including the election of directors and ratification of the independent registered public accounting firm. The company is the holding entity for Somerset Regal Bank and is incorporated in Maryland.

Why It Matters

This filing is a proxy statement, informing shareholders about the upcoming annual meeting and the matters to be voted upon, which is crucial for corporate governance and shareholder participation.

Risk Assessment

Risk Level: low — This is a routine annual proxy statement with no immediately apparent unusual or high-risk disclosures.

Key Players & Entities

• SR Bancorp, Inc. (company) — Registrant and holding company for Somerset Regal Bank
• Somerset Regal Bank (company) — Subsidiary bank of SR Bancorp, Inc.
• November 20, 2024 (date) — Date of the annual meeting of stockholders
• October 17, 2024 (date) — Filing date of the proxy statement

FAQ

Filing Documents

• d822212ddef14a.htm (DEF 14A) — 408KB
• g822212dsp003.jpg (GRAPHIC) — 6KB
• g822212dsp057.jpg (GRAPHIC) — 1KB
• g822212dsp057a.jpg (GRAPHIC) — 1KB
• g822212dsp057b.jpg (GRAPHIC) — 1KB
• g822212dsp057c.jpg (GRAPHIC) — 1KB
• g822212dsp57a.jpg (GRAPHIC) — 1KB
• 0001193125-24-238880.txt ( ) — 425KB

From the Filing

DEF 14A 1 d822212ddef14a.htm DEF 14A DEF 14A SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ____) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 SR Bancorp, Inc. (Name of Registrant as Specified In Its Charter) N/A (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i) (1) and 0-11. October 17, 2024 Dear Fellow Stockholder: You are cordially invited to attend the annual meeting of stockholders of SR Bancorp, Inc., the holding company for Somerset Regal Bank. We will hold the meeting at the Bridgewater Marriott, 700 Commons Way, Bridgewater, New Jersey on Wednesday, November 20, 2024 at 2:00 p.m., local time. The notice of annual meeting and the proxy statement appearing on the following pages describe the formal business to be transacted at the meeting. It is important that your shares are represented at this meeting, whether or not you attend the meeting in person and regardless of the number of shares you own. To ensure your shares are represented, we urge you to vote promptly by completing and mailing the enclosed proxy card or by voting via the Internet. Voting instructions appear on the enclosed proxy card. If you attend the meeting, you may vote in person even if you have previously mailed a proxy card or voted by Internet. We look forward to seeing you at the meeting. Sincerely, /s/ David M. Orbach /s/ William P. Taylor David M. Orbach William P. Taylor Executive Chairman Chief Executive Officer SR Bancorp, Inc. 220 West Union Avenue Bound Brook, New Jersey 08805 (732) 560-1700 NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS TIME AND DATE 2:00 p.m., local time, Wednesday, November 20, 2024 PLACE Bridgewater Marriott, 700 Commons Way, Bridgewater, New Jersey 08807 ITEMS OF BUSINESS (1) The election of three directors each to serve for a term of three years; (2) The approval of the SR Bancorp, Inc. 2024 Equity Incentive Plan; (3) The ratification of the appointment of Baker Tilly US, LLP to serve as the independent registered public accounting firm for the fiscal year ending June 30, 2025; and (4) The transaction of any other business that may properly come before the meeting and any adjournment or postponement of the meeting. (Note: The Board of Directors is not aware of any other business to come before the meeting.) RECORD DATE To be eligible to vote, you must have been a stockholder as of the close of business on September 23, 2024. PROXY VOTING It is important that your shares be represented and voted at the meeting. You can vote your shares via the Internet or by mail by completing and returning the accompanying proxy card in the accompanying self-addressed envelope. Voting instructions are printed on the proxy card. You may revoke a proxy at any time before its exercise at the meeting by following the instructions in the accompanying proxy BY ORDER OF THE BOARD OF DIRECTORS /s/ Anthony Cuzzolino Anthony Cuzzolino Corporate Secretary Bound Brook, New Jersey October 17, 2024 SR BANCORP, INC. PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS GENERAL INFORMATION SR Bancorp, Inc. is providing this proxy statement to you in connection with the solicitation of proxies by its Board of Directors only for use at the 2024 annual meeting of stockholders and for any adjournment or postponement of the annual meeting. In this proxy statement, we may also refer to SR Bancorp, Inc. as SR Bancorp, we, our or us. Somerset Regal Bank is the wholly-owned subsidiary of SR Bancorp. We will hold the annual meeting at the Bridgewater Marriott, 700 Commons Way, Bridgewater, New Jersey 08807 on Wednesday, November 20, 2024 at 2:00 p.m., local time. We intend to mail this proxy statement and a proxy card to stockholders of record beginning on or about October 17, 2024. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE STOCKHOLDER MEETING TO BE HELD ON NOVEMBER 20, 2024 This proxy statement and our Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, are available on the Internet at https://ir.somersetsavings.com/financials/sec-filings/default.aspx. The Annual Report includes our audited consolidated financial statements for the fiscal year ended June 30, 2024. INFORMATION ABOUT VOTING Who May Vote at the Meeting You are entitled to vote your shares of SR Bancorp common stock that you owned

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View this DEF 14A filing on SEC EDGAR