leadership
confidence high
sentiment neutral
materiality 0.50
Central Plains Bancshares enters change-in-control agreement with CFO Bradley Kool
Central Plains Bancshares, Inc.
- Agreement with EVP/CFO Bradley Kool effective July 8, 2026; initial term of three years.
- Term renews annually if board affirmatively approves; automatic 2-year extension upon change in control.
- Severance: lump sum equal to 3x (base salary + highest annual bonus in change-in-control year or prior 3 years).
- COBRA premium reimbursement for up to 18 months if employment terminates involuntarily or for good reason.
- Good reason includes material pay cut, duty reduction, relocation adding 35+ miles commute, or bank's material breach.