secwatch.observer — SEC 8-K summary
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Issuer:     Rhinebeck Bancorp, Inc. (RBKB)
CIK:        0001751783
Form:       8-K
Filed at:   2025-09-16T23:59:59+00:00
Accession:  0000943374-25-000402
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rhinebeck Bancorp appoints Matthew J. Smith as CEO effective Oct 20, 2025
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- Smith appointed President and CEO of Rhinebeck Bancorp, Rhinebeck Bank, and MHC; replaces retiring Michael J. Quinn.
- Smith previously served as COO at Columbia Financial and senior roles at Webster Bank and Sterling National Bank.
- Employment agreement provides $525,000 annual base salary, STIP target 25-50% of base, and severance terms including 12 months base on qualifying termination.
- Quinn will serve as Interim Executive Advisor through December 31, 2025 to assist transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751783/000094337425000402/0000943374-25-000402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751783/000094337425000402/form8k_091625.htm
  HTML page:      https://secwatch.observer/filing/0000943374-25-000402

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