secwatch.observer — SEC 8-K summary
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Issuer:     Rhinebeck Bancorp, Inc. (RBKB)
CIK:        0001751783
Form:       8-K
Filed at:   2026-08-14T20:21:08+00:00
Accession:  0000943374-26-000387
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Rhinebeck Bancorp terminates executive long-term incentive plan; balances fully vest
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- Plan terminated May 19, 2026; participants Jamie Bloom and Kevin Nihill.
- Account balances fully vested upon termination of the non-qualified deferred comp plan.
- Distributions start no earlier than 12 months, complete within 24 months per Section 409A.
- Plan had 20% annual vesting over five years; only two named executive officers participated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751783/000094337426000387/0000943374-26-000387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751783/000094337426000387/rbkb-20260519.htm
  HTML page:      https://secwatch.observer/filing/0000943374-26-000387

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