{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-113651","form_type":"8-K","ticker":"GLBZ","cik":"0000890066","company_name":"GLEN BURNIE BANCORP","filed_at":"2025-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.506740+00:00","generated_at":"2026-05-16T19:02:02.927499+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Glen Burnie Bancorp appoints Todd Capitani as CFO and Treasurer effective Nov 17, 2025","bullets":["Todd Capitani appointed CFO and Treasurer of Glen Burnie Bancorp and CFO/EVPP/Treasurer of its subsidiary The Bank of Glen Burnie, effective Nov 17, 2025.","Capitani served as CFO of Shore Bancshares from 2009 to 2025, and was a Senior Manager at Deloitte Consulting from 2006 to 2009.","He will receive an annual base salary of $270,000, plus eligibility for incentive compensation and equity awards under the 2019 Equity Incentive Plan.","Employment terms include $35,000 in equity awards vesting pro-rata over four years and targeted annual bonus of 20% of base salary.","Severance benefits of 2.99 times average annual taxable compensation under the Bank's Change in Control Severance Plan are included."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-113651","json":"https://secwatch.observer/filing/0001104659-25-113651.json","markdown":"https://secwatch.observer/filing/0001104659-25-113651.md","text":"https://secwatch.observer/filing/0001104659-25-113651.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/890066/000110465925113651/0001104659-25-113651-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/890066/000110465925113651/tm2531626d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T19:02:02.927499+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}