{"schema_version":"secwatch.filing_event.v1","accession":"0000943374-22-000207","form_type":"8-K","ticker":"PBFS","cik":"0001769663","company_name":"Pioneer Bancorp, Inc./MD","filed_at":"2022-05-31T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.232805+00:00","generated_at":"2026-06-25T05:58:19.125229+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Pioneer Bancorp EVP/CAO Frank Sarratori to resign effective June 24, 2022","bullets":["Lump-sum payments: $350,000 at least 8 days after release, $100,000 12 months post-separation.","Bank pays full COBRA premiums for up to 18 months; life insurance premiums reimbursed with tax gross-up.","Separation includes non-disparagement, non-solicitation of employees for 12 months, and cooperation with litigation.","Bank acknowledges no reasonable basis to believe Sarratori committed fraud, breach of trust, or insider abuse.","Mr. Sarratori continues employment through June 24, 2022, assisting with transition."],"urls":{"canonical":"https://secwatch.observer/filing/0000943374-22-000207","json":"https://secwatch.observer/filing/0000943374-22-000207.json","markdown":"https://secwatch.observer/filing/0000943374-22-000207.md","text":"https://secwatch.observer/filing/0000943374-22-000207.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1769663/000094337422000207/0000943374-22-000207-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1769663/000094337422000207/form8k_052422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T05:58:19.125229+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"de90987b16","claim":"Frank Sarratori resigned as Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary at Pioneer Bancorp, Inc./MD.","evidence_excerpt":"Frank Sarratori, Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary of the Company and the Bank, entered into a Separation Agreement and General Release (the “Agreement”), pursuant to which Mr. Sarratori will resign from employment effective as of June 24, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1769663/000094337422000207/0000943374-22-000207-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}