secwatch.observer — SEC 8-K summary
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Issuer:     Pathfinder Bancorp, Inc. (PBHC)
CIK:        0001609065
Form:       8-K
Filed at:   2022-10-07T23:59:59+00:00
Accession:  0000943374-22-000444
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609065/000094337422000444/0000943374-22-000444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609065/000094337422000444/form8k_092822.htm
  HTML page:      https://secwatch.observer/filing/0000943374-22-000444

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer