Key Summary: Joseph Stilwell pushed for shareholder value initiatives, stating in November 2024 that he sought to work with management and the Board to enhance value, later urging significant share repurchases below tangible book value in June 2025, and in May 2026 nominating Francis “Frank” E. Younes to the board while proposing annual repurchases of at least 10% of shares when trading below book value. On July 9, 2026, the company appointed Stilwell’s nominee Francis "Frank" E. Younes to its board. On July 10, 2026, Joseph Stilwell urged Central Plains Bancshares shareholders to approve a proposal requiring annual repurchases of at least 10% of outstanding shares when the stock trades below book value, arguing buybacks would maximize shareholder value. On July 14, 2026, Joseph Stilwell sent a letter to CPBI shareholders criticizing the company for repurchasing only a small number of shares despite trading below book value and having excess capital. On July 21, 2026, Stilwell mailed a letter urging CPBI shareholders to support its proposal directing the board and management to implement sustained, meaningful share repurchases. On July 27, 2026, Stilwell (9.74%) issued a proxy supplement urging shareholders to vote FOR its non-binding proposal