secwatch.observer — SEC 8-K summary
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Issuer:     FIRST NORTHERN COMMUNITY BANCORP (FNRN)
CIK:        0001114927
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001114927-24-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

First Northern Bancorp signs CFO Spink employment agreement; base salary $301,764
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- Annual base salary of $301,764; one-year term renews automatically unless notice given.
- Change-of-control termination: 200% of base salary plus average of prior 3 years' bonuses.
- Involuntary termination: 100% of base salary plus average of prior 3 years' bonuses.
- No excise tax gross-up payment included in the agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114927/000111492724000026/0001114927-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114927/000111492724000026/form8_k.htm
  HTML page:      https://secwatch.observer/filing/0001114927-24-000026

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