Short answer
FB Bancorp, Inc. /MD/ (FBLA) filed an 8-K current report with the SEC on May 1, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Executive Chair Katherine Crosby becomes non-executive Board Chair after June 30, 2026, ending her employment with the Bank and Company.
FB Bancorp, Inc. /MD/ 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Executive Chair Katherine Crosby becomes non-executive Board Chair after June 30, 2026, ending her employment with the Bank and Company
- Employment agreement terminates June 30, 2026; restrictive covenants continue for six months
- $250,000 cash transition payment in four $62,500 installments through June 30, 2028
- Additional restricted stock grant valued at $250,000, vesting in four installments through June 30, 2028
- Continued board fees, retirement-plan participation, and potential COBRA reimbursement create ongoing obligations beyond employment period
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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