BV Financial CEO David Flair resigns, receives $2.1M separation payment

BV Financial, Inc.

David M. Flair resigns as Co-President, Co-CEO and director effective January 22, 2026.
Receives $2,142,182 separation payment plus 2025 bonus; employment agreement terminated.
Consulting arrangement through September 7, 2028; vesting in 24,497 restricted shares and 61,244 stock options per tranche.
Non-competition and non-solicitation covenants apply during the consulting period.
Company retains right to terminate consulting upon 30 days notice, triggering pro-rata equity vesting.

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.