---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-131379"
form_type: "8-K"
ticker: "PDLB"
cik: "0001874071"
company_name: "Ponce Financial Group, Inc."
filed_at: "2024-11-27T23:59:59+00:00"
generated_at: "2026-05-29T15:26:34.427884+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Ponce Financial enters change-in-control agreement with CFO Sergio Vaccaro

## Summary
- Agreement effective Nov 26, 2024; initial 12-month term, auto-renews unless terminated 90 days before anniversary.
- Upon change in control followed by termination without cause or for good reason, CFO receives lump sum of 1.5 times average annual compensation over last 5 years.
- Also entitled to continuation of life, medical, and disability coverage for 12 months post-termination.
- Payments subject to regulatory restrictions under Section 9 and compliance with Code Section 409A.
- Agreement supersedes prior agreements; Ponce Bank and Ponce Financial Group both liable for payments.

## SEC filing metadata
- accession: 0000950170-24-131379
- form_type: 8-K
- ticker: PDLB
- cik: 0001874071
- company_name: Ponce Financial Group, Inc.
- filed_at: 2024-11-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874071/000095017024131379/0000950170-24-131379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874071/000095017024131379/pdlb-20241127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-131379
- JSON: https://secwatch.observer/filing/0000950170-24-131379.json
- Plain text: https://secwatch.observer/filing/0000950170-24-131379.txt

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