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):   April 23, 2026

EWSB Bancorp, Inc.
(Exact Name of Registrant as Specified in Charter)

Maryland
000-56690
Applied For
(State or Other Jurisdiction
of Incorporation)
(Commission File No.)
(I.R.S. Employer
Identification No.)

109 West Second Street, Kaukauna, Wisconsin
54130
(Address of Principal Executive Offices)
(Zip Code)

Registrant’s telephone number, including area code: (920) 766-4646

Not Applicable
(Former name or former address, if changed since last report)

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 (see General Instruction A.2. below):


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
None
       

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 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

On April 23, 2026, EWSB Bancorp, Inc. (the “Company”) filed Articles Supplementary with the State Department of Assessments and Taxation of Maryland, providing for the authorization of up to 350,000 shares of Series A Junior Non-Voting Participating Preferred Stock, par value $0.01 per share (the “Preferred Stock”).
Pursuant to the Articles Supplementary, any Preferred Stock issued by the Company will have no voting rights and will not be redeemable. Any Preferred Stock, if and when issued, will, for purposes of distribution upon any liquidation, dissolution or winding up, be senior to the common stock of the Company (the “Common Stock”), junior to any series of capital stock expressly stated to be senior to the Preferred Stock, and on parity to any other series of capital stock. Such Preferred Stock, if and when issued, will, in the event of any merger or similar transaction (including any transaction with a credit union) receive the same merger consideration as Common Stock. Any holders of the Preferred Stock, if and when issued, will be entitled to receive non-cumulative cash dividends payable to holders of the Common Stock on the date and in the per share amount such dividends are payable to holders of the Common Stock. Any holders of the Preferred Stock, if and when issued, will be entitled to receive non-cumulative cash dividends payable to holders of the Common Stock on the date and in the per share amount such dividends are payable to holders of the Common Stock.
The foregoing summary of the Articles Supplementary is qualified in its entirety by reference to the full text of the Articles Supplementary, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated by reference herein.
Item 8.01 Other Events

The Company is considering implementing a private offering of Common Stock. If conducted, the Company anticipates such offering would be made only to stockholders of the Company as of April 1, 2026, that qualify as “accredited investors,” as such term is defined by the Securities and Exchange Commission. Any securities issued in such an offering (1) will not be registered under the Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements, and (2) will be offered and sold in reliance upon exemptions from registration under the Securities Act and state securities laws.

This notice does not and will not constitute an offer to sell or the solicitation of an offer to buy the securities described in this Current Report on Form 8-K and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This notice is being filed pursuant to and in accordance with Rule 135c under the Securities Act.

This Current Report on Form 8-K contains forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding expectations, beliefs, intentions or strategies regarding the future. Some factors that could cause results to differ materially from those projected in the forward-looking statements include matters described in the filings of the Company with the Securities and Exchange Commission, including but not limited to, the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. All forward-looking statements included in this document are based on the information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statement.

Item 9.01 Financial Statements and Exhibits

(d)
Exhibits


3.1
Articles Supplementary relating to the designation of shares of Series A Junior Non-Voting Participating Preferred Stock


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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.

   
EWSB BANCORP, INC.
     
     
DATE: April 24, 2026
By:  
/s/ Charles D. Schmalz 
   
Charles D. Schmalz
   
President and Chief Executive Officer




Exhibit 3.1



ARTICLES SUPPLEMENTARY
(Junior Non-Voting Participating Preferred Stock, Series A)

EWSB Bancorp, Inc., a corporation organized and existing under the Maryland General Corporation Law (the “Company”), in accordance with the provisions of Section 2-208 thereof, DOES HEREBY CERTIFY:

FIRST: That pursuant to the authority conferred upon the Board of Directors by the Articles of Incorporation of the Company (the “Articles”), the Board of Directors on April 21, 2026, by duly adopted resolution, classified and designated 350,000 shares of authorized and unissued Preferred Stock designated as Junior Non-Voting Participating Preferred Stock, Series A, with the following preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends or other distributions, qualifications and terms and conditions of redemption, which, upon any restatement of the Articles, shall become part of Article 5 of the Articles, with any necessary or appropriate renumbering or relettering of the sections or subsections hereof.
Section 1. Designation and Amount. The shares of such series shall be designated as “Junior Non-Voting Participating Preferred Stock, Series A” (the “Series A Preferred Stock”) and the number of shares constituting such series shall be 350,000. Such number of shares may be increased or decreased by resolution of the Board of Directors in accordance with the Articles; provided, that no decrease shall reduce the number of shares of Series A Preferred Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the conversion of any outstanding securities issued by the Company convertible into Series A Preferred Stock.
Section 2. Dividends and Distributions.
(A) Subject to the prior and superior rights of the holders of any outstanding shares of any series of Preferred Stock ranking prior and superior to the shares of Series A Preferred Stock with respect to dividends, the holders of shares of Series A Preferred Stock, in parity with the holders of Common Stock and of any other junior stock, shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, dividends payable to holders of Common Stock in cash on the date and in the per share amount such dividends are payable to holders of Common Stock (each such date being referred to herein as a “Dividend Payment Date”), commencing on the first Dividend Payment Date after the first issuance of a share or fraction of a share of Series A Preferred Stock.
(B) Dividends shall not be cumulative.

Section 3. Voting Rights. The holders of shares of Series A Preferred Stock shall have no voting rights with respect to the affairs of the Company, including with respect to the election of directors.
Section 4. Certain Restrictions. Whenever declared dividends or other distributions payable on the Series A Preferred Stock as provided in Section 2 are in arrears, the Company shall not:
(A) declare or pay dividends on, or make any other distributions on, any shares of stock ranking junior (either as to dividends or upon liquidation, dissolution or winding up) to the Series A Preferred Stock;
(B) declare or pay dividends on, or make any other distributions on, any shares of stock ranking on a parity (either as to dividends or upon liquidation, dissolution or winding up) with the Series A Preferred Stock, except dividends paid ratably on the Series A Preferred Stock and all such parity stock on which dividends are payable or in arrears in proportion to the total amounts to which the holders of all such shares are then entitled;
(C) redeem or purchase or otherwise acquire for consideration shares of any stock ranking junior (either as to dividends or upon liquidation, dissolution or winding up) to the Series A Preferred Stock; or
(D) redeem or purchase or otherwise acquire for consideration any shares of Series A Preferred Stock, or any shares of stock ranking on a parity with the Series A Preferred Stock, except in accordance with a purchase offer made in writing or by publication (as determined by the Board of Directors) to all holders of such shares upon such terms as the Board of Directors, after consideration of the respective annual dividend rates and other relative rights and preferences of the respective series and classes, shall determine in good faith will result in fair and equitable treatment among the respective series or classes.

Section 5. Reacquired Shares. Any shares of Series A Preferred Stock purchased or otherwise acquired by the Company in any manner whatsoever shall be retired and cancelled promptly after the acquisition thereof. All such shares shall upon their cancellation become authorized but unissued shares of Preferred Stock and may be reissued as part of a new series of Preferred Stock to be created by resolution or resolutions of the Board of Directors, subject to the conditions and restrictions on issuance set forth herein, in the Articles or Bylaws or otherwise required by law.
Section 6. Liquidation, Dissolution or Winding Up. Upon any liquidation, dissolution or winding up of the Company, no distribution shall be made (A) to the holders of Common Stock and of shares of stock ranking junior (either as to dividends or upon liquidation, dissolution or winding up) to the Series A Preferred Stock unless, prior thereto, the holders of shares of Series A Preferred Stock shall have received the greater of (i) $10.00 per share, plus an amount equal to accrued and unpaid dividends and distributions thereon, whether or not declared, to the date of such payment, and (ii) the aggregate amount to be distributed per share to holders of Common Stock, or (B) to the holders of stock ranking on a parity (either as to dividends or upon liquidation, dissolution or winding up) with the Series A Preferred Stock, except distributions made ratably on the Series A Preferred Stock and all other such parity stock in proportion to the total amounts to which the holders of all such shares are entitled upon such liquidation, dissolution or winding up.
Section 7. Consolidation, Merger, etc. In the event the Company shall enter into any consolidation, merger, combination or other transaction in which the shares of Common Stock are exchanged for or changed into other stock or securities, cash and/or any other property (including in any transaction with a credit union involving substantially all of the assets and all of the liabilities of the Company’s wholly owned subsidiary, East Wisconsin Savings Bank), then in any such case the shares of Series A Preferred Stock then outstanding shall at the same time be similarly exchanged or changed in an amount per share equal to the aggregate amount of stock, securities, cash and/or any other property (payable in kind), as the case may be, into which or for which each share of Common Stock is changed or exchanged.
Section 8. No Redemption. The shares of Series A Preferred Stock shall not be redeemable.
Section 9. Adjustment upon Dividend, Subdivision or Combination of Common Stock. If the Company shall, at any time or from time to time after the date of issuance of the Series A Preferred Stock, (i) pay a dividend or make any other distribution upon the Common Stock of the Company payable in shares of Common Stock or in options or convertible securities, or (ii) subdivide (by any stock split, recapitalization, or otherwise) its outstanding shares of Common Stock into a greater number of shares, the number of shares of the Series A Preferred Stock shall be proportionately increased. If the Company at any time combines (by combination, reverse stock split, or otherwise) its outstanding shares of Common Stock into a smaller number of shares, the number of shares of the Series A Preferred Stock shall be proportionately decreased.
Section 10. Amendment. These Articles Supplementary may not be amended as to any preferred stockholder without the consent of such preferred stockholder.
SECOND: The Series A Preferred Stock has been classified and designated by the Board of Directors under the authority contained in the Articles.
THIRD: These Articles Supplementary have been approved by the Board of Directors in the manner and by the vote required by law.
FOURTH: The undersigned officer of the Company acknowledges these Articles Supplementary to be the corporate act of the Company and, as to all matters or facts required to be verified under oath, the undersigned acknowledges that, to the best of his knowledge, information and belief, these matters and facts are true in all material respects and that this statement is made under the penalties of perjury.

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IN WITNESS WHEREOF, the Company has caused these Articles Supplementary to be signed in its name and on its behalf by its President and attested to by its Secretary on this 21st day of April, 2026.

                 
ATTEST:
 
EWSB BANCORP, INC.
   
         
By:
 
/s/ Kailee Vander Loop
 
By:
 
/s/ Charles D. Schmalz
   
   
Kailee Vander Loop
     
Charles D. Schmalz
   
   
Secretary
     
Chief Executive Officer and President
   






















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