UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
December 9, 2021
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SALISBURY BANCORP, INC.
(Exact name of registrant as specified in its charter)
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Connecticut (State of other jurisdiction of incorporation) | | 000-24751 (Commission File Number) | | 06-1514263 (IRS Employer Identification No.) |
5 Bissell Street, Lakeville, Connecticut (Address of principal executive offices) | | | 06039 (Zip Code) |
| | Registrant’s telephone number, including area code: (860) 435-9801 | |
| | (Former name or former address, if changed since last report) ________________________ | |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered |
| Common Stock, $0.10 par value per share | SAL | NASDAQ |
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. ☐
Section 5 - Corporate Governance and Management
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 9, 2021, Salisbury Bancorp, Inc. (the “Company”) announced the appointment of Todd J. Rubino as Executive Vice President, Chief Commercial Lending Officer of the Company's subsidiary, Salisbury Bank and Trust Company (the “Bank”) effective January 1, 2022. Mr. Rubino, age 53, has served as Senior Vice President, Senior Commercial Lending Officer of the Bank since Salisbury acquired Riverside Bank in December of 2014. Prior to that, Mr. Rubino served as Executive Vice President, Senior Lending Officer of Riverside Bank from 2011 to 2014.
Section 8 - Other Events
On December 9, 2021, the Company issued a press release related to the appointment of Todd J. Rubino as Executive Vice President, Chief Commercial Lending Officer of Salisbury Bank and Trust Company effective January 1, 2022. A copy of such press release is attached hereto as Exhibit 99.1.
Section 9 - Financial Statements and Exhibits
| Item 9.01. | Financial Statement and Exhibits. |
| | (a) | Not Applicable. |
| | | |
| | (b) | Not Applicable. |
| | | |
| | (c) | Not Applicable. |
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| | (d) | Exhibits. |
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| | | 99.1 | Press Release dated December 9, 2021. |
SIGNATURE
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.
| | | Salisbury Bancorp, Inc. |
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| Date: December 9, 2021 | By: | /s/ Richard J. Cantele, Jr. Richard J. Cantele, Jr. President and Chief Executive Officer |
