UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 2, 2023

STERLING BANCORP, INC.

(Exact name of registrant as specified in its charter)

Michigan

001-38290

38-3163775

(State or other jurisdiction

of incorporation)

(Commission

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 class	Trading Symbol(s)	Name of each exchange on which registered
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.

Departure of Colleen Kimmel

Colleen Kimmel, Executive Vice President, General Counsel and Corporate Secretary of Sterling Bank and Trust, F.S.B. (the “Bank”), the wholly-owned subsidiary of Sterling Bancorp, Inc. (the “Company”), and a named executive officer in the Company’s most recent proxy statement, resigned from all positions with the Company and the Bank, effective June 16, 2023. Ms. Kimmel will receive severance payments pursuant to the terms of the Sterling Bank and Trust, F.S.B. Severance Benefits Plan, a nondiscriminatory severance payment plan, approved by the board of directors of the Company and the Bank. Elizabeth M. Keogh, Chief Legal Officer and Corporate Secretary of the Company, will assume all duties held by Ms. Kimmel. Ms. Keogh’s compensatory arrangements will not change as a result of her assumption of these new duties.

SIGNATURE

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.

	By:	/s/ Karen Knott
		Karen Knott
		Chief Financial Officer

Date: June 5, 2023

Sterling Bancorp Inc. filed SEC Form 8-K: Leadership Update