X0202 SCHEDULE 13G/A 0001393825 XXXXXXXX LIVE 2 Common Stock, $0.01 par value 06/30/2026 0000910073 Flagstar Bank, National Association 649445400 102 Duffy Avenue Hicksville NY 11801 Rule 13d-1(b) Hudson Bay Capital Management LP DE 0.00 9734256.00 0.00 9734256.00 9734256.00 N 2.34 IA PN Sander Gerber X1 0.00 9734256.00 0.00 9734256.00 9734256.00 N 2.34 HC IN Flagstar Bank, National Association 102 Duffy Avenue, Hicksville, New York 11801 This statement is filed by Hudson Bay Capital Management LP (the "Investment Manager") and Mr. Sander Gerber ("Mr. Gerber"), who are collectively referred to herein as "Reporting Persons." The address of the business office of each of the Reporting Persons is 290 Harbor Dr., Stamford, CT 06902. The Investment Manager is a Delaware limited partnership. Mr. Gerber is a United States citizen. N IA HC The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 416,815,122 shares of Common Stock, par value $0.01 (the "Common Stock") of Flagstar Bank, National Association (the "Company") outstanding as of June 18, 2026, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026 filed with the Securities and Exchange Commission on May 7, 2026. The Investment Manager serves as the investment manager to Hudson Bay Master Fund Ltd. and HB Special Opportunities AIV I LP. Tech Opportunities LLC, in whose name certain of the securities reported herein are held, is controlled by Hudson Bay Master Fund Ltd. As such, the Investment Manager may be deemed to be the beneficial owner of all shares of Common Stock held by Tech Opportunities LLC and HB Special Opportunities AIV I LP. Mr. Gerber serves as the managing member of Hudson Bay Capital GP LLC, which is the general partner of the Investment Manager. Mr. Gerber disclaims beneficial ownership of these securities. 2.34% The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference. N Y N See Item 4(a). Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Hudson Bay Capital Management LP /s/ Sander Gerber 08/07/2026 Sander Gerber /s/ Sander Gerber 08/07/2026