---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-107105"
form_type: "8-K"
ticker: "CARV"
cik: "0001016178"
company_name: "CARVER BANCORP INC"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:08:59.926480+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Carver Bancorp announces board modernization with 75% director turnover over 3 years

## Summary
- 75% of directors to transition within 12 quarters, subject to regulatory approvals.
- New skills-based recruitment matrix, annual individual assessments, and equity-linked compensation (50% cash reduction + equity retainer).
- Tenure limit of 15 years effective April 2026; age limit of 75 (current directors may finish terms).
- Jason Sisack, former OCC official, appointed as Senior Enterprise Risk Management Advisor to CEO.
- All directors to be independent except CEO if elected; independent non-executive chair already in place.

## SEC filing metadata
- accession: 0001104659-25-107105
- form_type: 8-K
- ticker: CARV
- cik: 0001016178
- company_name: CARVER BANCORP INC
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016178/000110465925107105/0001104659-25-107105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016178/000110465925107105/tm2530395d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-107105
- JSON: https://secwatch.observer/filing/0001104659-25-107105.json
- Plain text: https://secwatch.observer/filing/0001104659-25-107105.txt

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