Eagle Bancorp director Ernest Drew Jarvis not standing for re-election; unvested shares accelerated

EAGLE BANCORP INC

Ernest Drew Jarvis will not stand for re-election at the May 18, 2023 Annual Meeting due to personal reasons; no disagreement with company.
Jarvis will remain a director until his term expires on May 18, 2023.
Compensation Committee accelerated vesting of unvested restricted shares with a market value of approximately $70,000.

item 5.02

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Departed

Ernest Drew Jarvis

Director

EGBN · EAGLE BANCORP INC

Effective: 2023-05-18
Filed: March 24, 2023, 7:59 PM ET

On March 23, 2023, Mr. Ernest Drew Jarvis informed the Company that he will not stand for re-election at the Company’s 2023 Annual Meeting of Stockholders (the “Annual General Meeting”) and serve another term as Director of the Company and the Bank due to personal reasons

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Executive change SEC 8-K Item 5.02 confidence 0.95

Ernest Drew Jarvis departed as Director at EAGLE BANCORP INC.

Action: will not stand for re-election
Role: Director

Exact text from the filing

On March 23, 2023, Mr. Ernest Drew Jarvis informed the Company that he will not stand for re-election at the Company’s 2023 Annual Meeting of Stockholders (the “Annual General Meeting”) and serve another term as Director of the Company and the Bank due to personal reasons

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Source: SEC EDGAR

accession 0001050441-23-000066

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