---
schema_version: "secwatch.filing_event.v1"
accession: "0001050441-23-000158"
form_type: "8-K"
ticker: "EGBN"
cik: "0001050441"
company_name: "EAGLE BANCORP INC"
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T08:45:22.734386+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Eagle Bancorp amends CEO and Chairman agreements; adopts 2024 incentive plans

## Summary
- CEO Susan G. Riel amended employment agreement: base salary $907,360, term through Dec 31, 2026, with automatic renewal.
- Elimination of guaranteed retirement benefit for CEO; replaced with severance under new non-compete agreement.
- Executive Chairman Norman R. Pozez amended agreement: annual retainer $1.32M, term through Dec 31, 2024, no automatic 5% increases.
- Pozez gets change-in-control severance of 1.99x (retainer plus $1,148,653) within 12 months post-CIC.
- 2024 SEIP: threshold payout 85% of target (105% for efficiency ratio); max 115% (95% for efficiency). LTIP: 60% performance-based, 40% time-vested.

## SEC filing metadata
- accession: 0001050441-23-000158
- form_type: 8-K
- ticker: EGBN
- cik: 0001050441
- company_name: EAGLE BANCORP INC
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050441/000105044123000158/0001050441-23-000158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050441/000105044123000158/gnw-20231218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001050441-23-000158
- JSON: https://secwatch.observer/filing/0001050441-23-000158.json
- Plain text: https://secwatch.observer/filing/0001050441-23-000158.txt

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