---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-080502"
form_type: "8-K"
ticker: "VWFB"
cik: "0001913838"
company_name: "VWF Bancorp, Inc."
filed_at: "2022-07-18T23:59:59+00:00"
generated_at: "2026-06-24T13:39:13.005420+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# VWF Bancorp enters employment agreements with CEO Schumm, Exec Chairman Clay, and CFO Moody

## Summary
- Mark Schumm (President/CEO) receives initial base salary $201,250, reset to $173,250 on Jan 1, 2023.
- Gary Clay (Executive Chairman) receives base salary $80,000 plus company car and club membership.
- Kylee Moody (CFO) enters change-in-control agreement with 2x salary+bonus severance.
- All agreements have initial 2-year term with automatic annual renewal subject to board evaluation.
- Severance includes lump-sum payments, COBRA reimbursement, and one-year non-compete restrictions.

## SEC filing metadata
- accession: 0001104659-22-080502
- form_type: 8-K
- ticker: VWFB
- cik: 0001913838
- company_name: VWF Bancorp, Inc.
- filed_at: 2022-07-18T23:59:59+00:00
- event_type: leadership
- 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/1913838/000110465922080502/0001104659-22-080502-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1913838/000110465922080502/tm2221283d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-080502
- JSON: https://secwatch.observer/filing/0001104659-22-080502.json
- Plain text: https://secwatch.observer/filing/0001104659-22-080502.txt

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