secwatch.observer — SEC 8-K summary
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Issuer:     USCB FINANCIAL HOLDINGS, INC. (USCB)
CIK:        0001901637
Form:       8-K
Filed at:   2025-01-06T23:59:59+00:00
Accession:  0000927089-25-000011
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USCB Financial amends CFO Anderson's severance multiplier from 2x to 2.5x on change in control
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- Amendment effective Jan 6, 2025 increases CFO Robert Anderson's severance multiplier from 2x to 2.5x upon qualifying termination after a change in control.
- Enhanced severance equals 2.5x Highest Total Annual Cash Compensation (highest base salary + cash bonus in prior 3 calendar years).
- Payment split: 50% within 30 days after termination, remaining 50% after restricted period ends.
- Company-paid COBRA medical/dental for up to 18 months with tax gross-up on premium payments.
- No other changes to the employment agreement; compensation committee approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1901637/000092708925000011/0000927089-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1901637/000092708925000011/uscb20241216_8k.htm
  HTML page:      https://secwatch.observer/filing/0000927089-25-000011

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