secwatch.observer — SEC 8-K summary
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Issuer:     Bogota Financial Corp. (BSBK)
CIK:        0001787414
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0001193125-23-285330
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bogota Financial CEO Joseph Coccaro retires; Kevin Pace appointed as successor effective Nov 30, 2023
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- Joseph Coccaro, 66, retires as Director, President & CEO of MHC, Company, and Bank effective Nov 30, 2023.
- Kevin Pace, former EVP & Chief Risk Officer, named President & CEO of MHC, Company, and Bank, and joins Boards.
- Coccaro receives $150,000 cash bonus for 2023, COBRA premium reimbursement up to 18 months, and equity awards continue vesting.
- Coccaro will serve as advisory director to the Bank without cash compensation; eligible for equity consideration.
- Coccaro led Bank from ~$260M to over $900M in assets; Pace has been with Bank since 2013.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1787414/000119312523285330/0001193125-23-285330-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1787414/000119312523285330/d23413d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-285330

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