---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-22-000444"
form_type: "8-K"
ticker: "PBHC"
cik: "0001609065"
company_name: "Pathfinder Bancorp, Inc."
filed_at: "2022-10-07T23:59:59+00:00"
generated_at: "2026-06-23T04:42:29.356385+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Pathfinder Bancorp enters separation deal with former Director of Capital Markets Thomas Schneider

## Summary
- Thomas W. Schneider resigned as Director of Capital Markets and Corporate Strategy effective Sept 7, 2022; separation agreement signed Sept 28.
- Company will pay Schneider $60,000 (less taxes) within 15 days after effective date, plus health/dental COBRA premiums through Nov 30.
- Agreement includes non-disparagement, non-disclosure, non-solicitation (1 year), and cooperation (through Sept 6, 2023).
- Schneider releases all claims against Pathfinder and affiliates.

## SEC filing metadata
- accession: 0000943374-22-000444
- form_type: 8-K
- ticker: PBHC
- cik: 0001609065
- company_name: Pathfinder Bancorp, Inc.
- filed_at: 2022-10-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609065/000094337422000444/0000943374-22-000444-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609065/000094337422000444/form8k_092822.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-22-000444
- JSON: https://secwatch.observer/filing/0000943374-22-000444.json
- Plain text: https://secwatch.observer/filing/0000943374-22-000444.txt

## Key facts
- Executive change
  Thomas W. Schneider resigned as Director of Capital Markets and Corporate Strategy at Pathfinder Bancorp, Inc..
  - Action: resigned
  - Role: Director of Capital Markets and Corporate Strategy
  source text: Thomas W. Schneider (“Mr. Schneider”), the Company’s former Director of Capital Markets and Corporate Strategy, pursuant to which the Company and Mr. Schneider set forth certain rights, covenants and responsibilities between the parties, following Mr. Schneider’s resignation from employment with the Company, which occurred on September 7, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609065/000094337422000444/0000943374-22-000444-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.