Eagle Bancorp Montana Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 

 

 

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

 

 

Date of Report (Date of earliest event reported): October 17, 2024

 

Eagle Bancorp Montana, Inc.
(Exact name of registrant as specified in its charter)

 

 

 

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the reporting obligation of the registrant under any of the following provisions:

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

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.          ☐

 

 

 

On October 17, 2024, the Boards of Directors of Eagle Bancorp Montana, Inc. (the “Company”) and Opportunity Bank of Montana, the Company’s wholly-owned subsidiary (the “Bank”) approved amendments to the Salary Continuation Agreements of Laura F. Clark, the Company’s President and Chief Executive Officer, Miranda J. Spaulding, the Company’s Senior Vice President and Chief Financial Officer, and Dale F. Field, the Company’s Senior Vice President and Chief Credit Officer.

 

The Fourth Amendment to the Salary Continuation Agreement of Ms. Clark provides an increase in the annual benefit under the Salary Continuation Agreement, from $26,500 to $46,000, effective November 1, 2024.

 

The First Amendment to the Salary Continuation Agreement of Ms. Spaulding provides an increase in the annual benefit under the Salary Continuation Agreement, from $95,000 to $99,500, effective November 1, 2024.

 

The Third Amendment to the Salary Continuation Agreement of Mr. Field provides an increase in the annual benefit under the Salary Continuation Agreement, from $70,000 to $89,000, effective November 1, 2024.

 

The foregoing description of the amendments to the Salary Continuation Agreements is qualified in its entirety by reference to the amendments, which are attached as Exhibits 10.1, 10.2 and 10.3 to this Current Report on Form 8-K and are incorporated herein by reference.

 

 

(d) The following exhibit is being filed herewith and this list shall constitute the exhibit index:

 

 

 

 

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.