Short answer
CB Financial Services, Inc. (CBFV) filed an 8-K current report with the SEC on August 25, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). New contracts retain CEO John Montgomery and Chief Banking Officer Bruce Sharp through April 30, 2029, with annual 36-month renewals subject to board approval.
CB Financial Services, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- New contracts retain CEO John Montgomery and Chief Banking Officer Bruce Sharp through April 30, 2029, with annual 36-month renewals subject to board approval
- Annual base salaries: Montgomery $495,000; Sharp $294,500
- Montgomery receives 20% annual cash-bonus opportunity and 20% annual equity-grant target based on base salary
- Change-in-control protection: three times highest recent salary plus three-year average bonus, with up to 24 months’ healthcare reimbursement
- Montgomery’s renewed split-dollar agreement provides a potential $500,000 death benefit, reduced by specified equity value, through October 1, 2030
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other CB Financial Services, Inc. 8-K filings
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