---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-024299"
form_type: "8-K"
ticker: "BSET"
cik: "0000010329"
company_name: "BASSETT FURNITURE INDUSTRIES INC"
filed_at: "2022-10-18T23:59:59+00:00"
generated_at: "2026-06-23T02:51:20.844333+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Bassett Furniture enters indemnification agreements with all board directors

## Summary
- Agreement provides director indemnification to fullest extent permitted by Virginia law and company bylaws.
- Covers claims arising from service as director; includes advancement of expenses for legal proceedings.
- Standard governance contract; no financial terms disclosed.
- Effective October 12, 2022; form attached as Exhibit 10.1.

## SEC filing metadata
- accession: 0001437749-22-024299
- form_type: 8-K
- ticker: BSET
- cik: 0000010329
- company_name: BASSETT FURNITURE INDUSTRIES INC
- filed_at: 2022-10-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10329/000143774922024299/0001437749-22-024299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10329/000143774922024299/bset20221017_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-024299
- JSON: https://secwatch.observer/filing/0001437749-22-024299.json
- Plain text: https://secwatch.observer/filing/0001437749-22-024299.txt

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