secwatch.observer — SEC 8-K summary
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Issuer:     UNITED BANCORP INC /OH/ (UBCP)
CIK:        0000731653
Form:       8-K
Filed at:   2023-11-27T23:59:59+00:00
Accession:  0001104659-23-121112
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

United Bancorp appoints two new directors and names CEO Everson as future Chairman
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- Board expanded from 4 to 6 members; Bethany E. Schunn and Brian M. Hendershot appointed effective Nov 22, 2023.
- Scott A. Everson, President/CEO, to become Chairman on Oct 20, 2024, after Richard L. Riesbeck retires.
- Schunn is Plant Manager at Cardinal Operating Co.; Hendershot is President of Ohio-West Virginia Excavating; both previously served on Unified Bank's board.
- New directors will receive standard non-employee director compensation and are eligible for the deferred compensation plan.
- No banking relationships inconsistent with insider lending policy were disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731653/000110465923121112/0001104659-23-121112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731653/000110465923121112/tm2331341d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-121112

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