secwatch.observer — SEC 8-K summary
======================================

Issuer:     Rhinebeck Bancorp, Inc. (RBKB)
CIK:        0001751783
Form:       8-K
Filed at:   2026-10-06T20:45:57+00:00
Accession:  0000943374-26-000442
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4.1-flash:cloud@v2

Rhinebeck Bank notifies CFO Kevin Nihill, other employees of change-in-control contract non-renewal
--------------------------------------------------------------------------------

- On October 1, 2026 the Rhinebeck Bank board gave notice of non-renewal to every employee holding a change-in-control agreement, including CFO Kevin Nihill.
- The agreements' terms run through December 31, 2027; the company says the move is not tied to performance evaluations or anticipated management changes.
- Rhinebeck says the non-renewals are part of a broader change in corporate philosophy on change-in-control contracts and it intends to develop a new benefit arrangement to replace them.
- No replacement CFO or new change-in-control terms were named in the filing, signed October 6, 2026 by President and CEO Matthew J. Smith.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751783/000094337426000442/0000943374-26-000442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751783/000094337426000442/rbkb-20261001.htm
  HTML page:      https://secwatch.observer/filing/0000943374-26-000442

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