Provident Bancorp appoints Dennis Pollack to Board of Directors

Provident Bancorp, Inc. /MD/

Dennis Pollack appointed to Board effective Jan 25, 2024, and to BankProv board concurrently.
Appointment made pursuant to previously disclosed agreement with Stilwell Activist Fund.
Pollack formerly President/CEO of Prudential Bank; has extensive banking executive experience.
Bylaws amended to remove director residency requirement and increase maximum age limit to 75.
Pollack will receive standard non-employee director compensation and equity awards under the agreement.

item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

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

Appointed

Dennis Pollack

Director

Provident Bancorp, Inc. /MD/

Effective: 2024-01-25
Filed: January 26, 2024, 6:59 PM ET

On January 25, 2024, the Board of Directors of Provident Bancorp, Inc. (the “Company”) appointed Dennis Pollack to the Company’s Board of Directors, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dennis Pollack was appointed as Director at Provident Bancorp, Inc. /MD/.

Action: appointed
Role: Director

Exact text from the filing

On January 25, 2024, the Board of Directors of Provident Bancorp, Inc. (the “Company”) appointed Dennis Pollack to the Company’s Board of Directors, effective immediately.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Provident Bancorp, Inc. /MD/: Amended Article II, Section 12(a) of Bylaws to remove residency requirement and increase director age limit to 75 (effective 2024-01-25).

Change: bylaw amendment
Effective: 2024-01-25

Exact text from the filing

On January 25, 2024, the Board of Directors of the Company amended Article II, Section 12(a) of the Company’s Bylaws to remove a residency requirement and to increase the age limitation on service as a director to 75.

View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR

accession 0000943374-24-000026

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.