secwatch.observer — SEC 8-K summary
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Issuer:     NORTHRIM BANCORP INC (NRIM)
CIK:        0001163370
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0001163370-26-000002
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northrim BanCorp enters new employment agreements with five executives; base salaries increased
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- CEO Huston salary raised to $630,000; receives 20% of base salary as annual deferred comp contribution.
- CFO Ballard salary raised to $421,540; receives 10% base salary deferred comp contribution.
- Executive VP Edwards salary raised to $305,615; receives 5% base salary deferred comp contribution.
- Executive VP Zins salary raised to $353,031; receives 10% base salary deferred comp contribution.
- Jason Criqui named EVP and Chief Banking Officer; new employment agreement with $307,400 base salary and 10% deferred comp contribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163370/000116337026000002/0001163370-26-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163370/000116337026000002/nrim-20260101.htm
  HTML page:      https://secwatch.observer/filing/0001163370-26-000002

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