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AI brief of an SEC Form 8-K · PCB BANCORP (PCB)

PCB Bancorp CEO Henry Kim signs amended employment agreement through 2031

Neutral Impact 4 of 5 leadership Written later

PCB Bancorp and PCB Bank entered into an amended and restated employment agreement with CEO Henry H. Kim, effective January 1, 2027, running through December 31, 2031. The agreement sets a $550,000 base salary, a 25,000-share restricted stock award, and larger severance terms, including a 200% cash payment if a change in control is followed by termination.

Key points

  • Base salary of $550,000; annual cash bonus of zero to 100% of base salary, set by independent directors
  • 25,000 restricted shares vesting in five annual installments of 5,000 shares, from December 31, 2027 through 2031
  • Severance: 150% of base salary if terminated without Cause; 200% plus full vesting of the stock award after a change in control

The filing

CompanyPCB BANCORP (PCB)
Form8-K, current report
Filed with the SECSep 24, 2026, 4:05 PM ET
Accession number0001423869-26-000029

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 24, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.