---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-008418"
form_type: "8-K"
ticker: "SLBK"
cik: "0001657642"
company_name: "Skyline Bankshares, Inc."
filed_at: "2022-04-06T23:59:59+00:00"
generated_at: "2026-06-26T09:08:00.049876+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Parkway Acquisition Corp. adopts SERPs providing $88K-$84K-$60K annual benefits to four officers

## Summary
- CEO Blake Edwards receives $88,000/yr lifetime benefit, vesting fully by June 11, 2028.
- CFO Lori Vaught receives $84,000/yr normal retirement benefit payable after age 65.
- Chief Risk Officer Beth Worrell and Regional President Jonathan Kruckow each get $60,000/yr.
- All plans provide full vesting upon Change in Control; benefits terminate for Cause.
- Death benefits pay 180 monthly installments to designated beneficiaries.

## SEC filing metadata
- accession: 0001437749-22-008418
- form_type: 8-K
- ticker: SLBK
- cik: 0001657642
- company_name: Skyline Bankshares, Inc.
- filed_at: 2022-04-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657642/000143774922008418/0001437749-22-008418-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657642/000143774922008418/pkkw20220406_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-008418
- JSON: https://secwatch.observer/filing/0001437749-22-008418.json
- Plain text: https://secwatch.observer/filing/0001437749-22-008418.txt

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