UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 13, 2022
PB Bankshares, Inc.
(Exact Name of Registrant as Specified in Charter)
Maryland | 001-40612 | 86-3947794 | |
(State or Other Jurisdiction | (Commission File No.) | (I.R.S. Employer | |
of Incorporation) | Identification No.) | ||
185 East Lincoln Highway, Coatesville, Pennsylvania | 19320 | ||
(Address of Principal Executive Offices) | (Zip Code) |
Registrant's telephone number, including area code: (610) 384-8282
Not Applicable
(Former name or former address, if changed since last report)
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 (see General Instruction A.2. below):
☐ 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, par value $0.01 | PBBK | The Nasdaq Stock Market LLC |
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. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
(d) On November 13, 2022, the Board of Directors of PB Bankshares, Inc. (the “Company”) appointed Bony R. Dawood to the Company’s Board of Directors. In addition, the Board of Directors of Presence Bank (the “Bank”), the Company’s bank subsidiary, also appointed Mr. Dawood to the Bank’s Board of Directors. Mr. Dawood is the President and Chief Executive Officer of Dawood Engineering, Inc., a multi-discipline engineering and technology firm with operations throughout the U.S., Europe, and Asia based in Harrisburg, Pennsylvania. There were no understandings or arrangements with any person regarding this appointment to the Board of the Company. Mr. Dawood has not participated in any transactions with the Company that, in the aggregate, exceed $120,000. The Board has not yet determined which committees Mr. Dawood will serve as a member. | |||
Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
Exhibit No. | Description | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
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.
PB BANKSHARES, INC. | |
DATE: November 15, 2022 | By: /s/ Lindsay S. Bixler |
Lindsay S. Bixler | |
Executive Vice President and Chief Financial Officer | |