Quaint Oak Bancorp elects William R. Gonzalez President and enters new employment agreements

QUAINT OAK BANCORP, INC.

William R. Gonzalez, 41, elected President of Quaint Oak Bancorp and to the Board (class of 2026), effective Feb 12, 2025.
Robert T. Strong continues as CEO; new employment agreements for four executives with three-year terms and automatic extensions.
Minimum base salaries: Strong $376k, Gonzalez $265k, Augustine $265k, Ott $213k.
Severance: 3x base salary for pre/post-Change in Control termination without cause; 2.99x avg comp within 24 months of Change in Control.
Non-compete of 1 year and non-solicit of 3 years included in agreements.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

William R. Gonzalez

Director

QNTO · QUAINT OAK BANCORP, INC.

Effective: 2025-02-12
Filed: February 19, 2025, 6:59 PM ET

At a meeting held on February 12, 2025, the Board of Directors (the “Board”) of Quaint Oak Bancorp, Inc. (the “Company”) elected William R. Gonzalez, 41, to the position of President of the Company, effective February 12, 2025 and as a member of the Company’s Board to the class of directors whose terms expire in 2026.

Appointed

William R. Gonzalez

President

QNTO · QUAINT OAK BANCORP, INC.

Effective: 2025-02-12
Filed: February 19, 2025, 6:59 PM ET

At a meeting held on February 12, 2025, the Board of Directors (the “Board”) of Quaint Oak Bancorp, Inc. (the “Company”) elected William R. Gonzalez, 41, to the position of President of the Company, effective February 12, 2025 and as a member of the Company’s Board to the class of directors whose terms expire in 2026.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William R. Gonzalez was elected as Director at QUAINT OAK BANCORP, INC..

Action: elected
Role: Director

Exact text from the filing

At a meeting held on February 12, 2025, the Board of Directors (the “Board”) of Quaint Oak Bancorp, Inc. (the “Company”) elected William R. Gonzalez, 41, to the position of President of the Company, effective February 12, 2025 and as a member of the Company’s Board to the class of directors whose terms expire in 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William R. Gonzalez was elected as President at QUAINT OAK BANCORP, INC..

Action: elected
Role: President

Exact text from the filing

At a meeting held on February 12, 2025, the Board of Directors (the “Board”) of Quaint Oak Bancorp, Inc. (the “Company”) elected William R. Gonzalez, 41, to the position of President of the Company, effective February 12, 2025 and as a member of the Company’s Board to the class of directors whose terms expire in 2026.

View on SEC.gov

QUAINT OAK BANCORP, INC. filing history →

Source: SEC EDGAR

accession 0000927089-25-000050

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.