---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-022492"
form_type: "8-K"
ticker: "PDLB"
cik: "0001874071"
company_name: "Ponce Financial Group, Inc."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-15T00:06:47.726764+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Ponce Financial Group authorizes 1.235M share buyback (5% of outstanding)

## Summary
- Board authorized repurchase of up to 1,235,000 shares (~5% of outstanding common stock).
- Repurchases via 10b5-1 plan (independent broker) and private transactions at market prices.
- Program expires May 15, 2024; may be suspended or terminated without notice.
- Repurchased shares held as treasury; may fund restricted stock units and option grants.

## SEC filing metadata
- accession: 0000950170-23-022492
- form_type: 8-K
- ticker: PDLB
- cik: 0001874071
- company_name: Ponce Financial Group, Inc.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874071/000095017023022492/0000950170-23-022492-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874071/000095017023022492/pdlb-20230516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-022492
- JSON: https://secwatch.observer/filing/0000950170-23-022492.json
- Plain text: https://secwatch.observer/filing/0000950170-23-022492.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.