secwatch.observer — SEC 8-K summary
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Issuer:     Gouverneur Bancorp, Inc./MD/ (GOVB)
CIK:        0001978811
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0001104659-25-076932
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gouverneur Bancorp names Stephen M. Jefferies President and CEO effective September 2, 2025
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- Stephen M. Jefferies appointed President, CEO, and director of the Company and Bank, effective Sept 2, 2025.
- Charles C. Van Vleet, Jr. will retire as Interim President and CEO on Sept 2; will stay through Dec 31 for transition.
- Jefferies previously President and CEO of Community Bank & Trust (2022-2025); nearly 40 years banking experience.
- He will receive $250k base salary, 10,000 stock options, and 4,000 restricted shares, vesting over 5 years.
- Jefferies also receives standard director compensation of $27,600 annual cash retainer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1978811/000110465925076932/0001104659-25-076932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1978811/000110465925076932/tm2523284d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-076932

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer