{"schema_version":"secwatch.filing_event.v1","accession":"0001114927-22-000022","form_type":"8-K/A","ticker":"FNRN","cik":"0001114927","company_name":"FIRST NORTHERN COMMUNITY BANCORP","filed_at":"2022-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.653300+00:00","generated_at":"2026-06-20T22:18:15.673214+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"First Northern appoints Jeremiah Smith as CEO; discloses $475K base salary and severance terms","bullets":["Jeremiah Smith named President and CEO effective Jan 1, 2023, succeeding retiring Louise Walker.","Annual base salary of $475,000 effective Jan 1, 2023; eligible for annual bonus and incentive programs.","Severance: 150% of base + avg bonus (three-year) for involuntary termination outside change of control; 250% within 2 years post-change of control.","Executive Retirement/Retention Award becomes 50% vested immediately; full vesting at age 62 with performance goals.","SERP death benefit increased from $10,000 to $15,000/month (max 180 months); normal retirement age set to 62 for CEO."],"urls":{"canonical":"https://secwatch.observer/filing/0001114927-22-000022","json":"https://secwatch.observer/filing/0001114927-22-000022.json","markdown":"https://secwatch.observer/filing/0001114927-22-000022.md","text":"https://secwatch.observer/filing/0001114927-22-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1114927/000111492722000022/0001114927-22-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1114927/000111492722000022/form8_ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T22:18:15.673214+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":[{"claim_id":"603ce400c3","claim":"Jeremiah Z. Smith was appointed as President and Chief Executive Officer at FIRST NORTHERN COMMUNITY BANCORP.","evidence_excerpt":"appointment of Jeremiah Z. Smith, currently the Company’s Senior Executive Vice President and Chief Operating Officer, as President and Chief Executive Officer of the Company and its subsidiary, First Northern Bank of Dixon (the “Bank”), effective January 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1114927/000111492722000022/0001114927-22-000022-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}