---
schema_version: "secwatch.filing_event.v1"
accession: "0001423869-21-000050"
form_type: "8-K"
ticker: "PCB"
cik: "0001423869"
company_name: "PCB BANCORP"
filed_at: "2021-12-29T23:59:59+00:00"
generated_at: "2026-06-27T21:54:06.470109+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# PCB Bancorp amends CEO Henry Kim's employment agreement; base salary $450k, 25k RSUs

## Summary
- Base salary set at $450,000 per year.
- Award of 25,000 restricted stock units on Jan 1, 2022, vesting 20% annually over 5 years.
- Enhanced severance: if terminated without cause, salary continues up to one year if >6 months remain, else 6 months.
- Previously severance was only 6 months if >6 months remaining.

## SEC filing metadata
- accession: 0001423869-21-000050
- form_type: 8-K
- ticker: PCB
- cik: 0001423869
- company_name: PCB BANCORP
- filed_at: 2021-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423869/000142386921000050/0001423869-21-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423869/000142386921000050/pcb-20211228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423869-21-000050
- JSON: https://secwatch.observer/filing/0001423869-21-000050.json
- Plain text: https://secwatch.observer/filing/0001423869-21-000050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.