false 0001680379 0001680379 2024-03-01 2024-03-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares






Washington, D.C. 20549







Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): March 1, 2024




(Exact name of registrant as specified in its charter)  



Michigan   001-38290   38-3163775

(State or other jurisdiction

of incorporation)



File No.)


(IRS Employer

Identification No.)


One Towne Square, Suite 1900

Southfield, Michigan 48076

(Address of principal executive offices) (Zip Code)


Registrant’s telephone number, including area code: (248) 355-2400 



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each
Name of each exchange on which
Common Stock SBT Nasdaq Capital Market


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company ¨


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨







Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Resignation of Mr. Lyle M. Wolberg from the Board of Directors


On March 1, 2024, Lyle M. Wolberg notified Sterling Bancorp, Inc. (the “Company”) of his resignation from the Board of Directors of the Company and the Board of Directors of Sterling Bank and Trust, F.S.B., effective March 31, 2024. Mr. Wolberg’s resignation is not due to any disagreement on any matter relating to the Company’s operations, policies or practices.







Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


  Sterling Bancorp, Inc.

/s/ Karen Knott

    Karen Knott
    Chief Financial Officer


Date: March 5, 2024




Mar. 01, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Mar. 01, 2024
Entity File Number 001-38290
Entity Registrant Name STERLING BANCORP, INC.
Entity Central Index Key 0001680379
Entity Tax Identification Number 38-3163775
Entity Incorporation, State or Country Code MI
Entity Address, Address Line One One Towne Square
Entity Address, Address Line Two Suite 1900
Entity Address, City or Town Southfield
Entity Address, State or Province MI
Entity Address, Postal Zip Code 48076
City Area Code 248
Local Phone Number 355-2400
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol SBT
Security Exchange Name NASDAQ
Entity Emerging Growth Company false

Sterling Bancorp (NASDAQ:SBT)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Sterling Bancorp Charts.
Sterling Bancorp (NASDAQ:SBT)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Sterling Bancorp Charts.