---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000403"
form_type: "8-K"
ticker: "TCBS"
cik: "0001849466"
company_name: "Texas Community Bancshares, Inc."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T20:42:22.198245+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Texas Community Bancshares enters employment agreement with CEO Jason Sobel; $250K base salary

## Summary
- Agreement has an initial two-year term with automatic one-year renewal unless board gives six months' notice.
- CEO will receive annual base salary of $250,000 and monthly allowances for auto ($1,000), social club ($500), cell ($100).
- Severance for termination without cause or for good reason equals remaining base salary plus highest bonus of prior 3 years, paid lump sum.
- Post-change-in-control severance is 2.5x base salary plus average bonus of prior 3 years, with COBRA reimbursement for up to 18 months.
- One-year non-solicitation restriction applies after termination.

## SEC filing metadata
- accession: 0000943374-24-000403
- form_type: 8-K
- ticker: TCBS
- cik: 0001849466
- company_name: Texas Community Bancshares, Inc.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849466/000094337424000403/0000943374-24-000403-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849466/000094337424000403/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000403
- JSON: https://secwatch.observer/filing/0000943374-24-000403.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000403.txt

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