---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013244"
form_type: "8-K"
ticker: "WSBF"
cik: "0001569994"
company_name: "Waterstone Financial, Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:57:52.208761+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Waterstone Financial enters employment agreement with President and CEO Jeffrey McGuiness

## Summary
- President and CEO Jeffrey McGuiness signs employment agreement effective April 24, 2024 through Dec 31, 2026.
- Base salary set at $450,000 annually, subject to annual review.
- Grant of 30,000 incentive stock options vesting in equal installments of 10,000 per year.
- Severance provision includes one year's base salary and accelerated option vesting upon termination without cause or for good reason.
- Non-solicitation restrictions apply for two years post-termination.

## SEC filing metadata
- accession: 0001437749-24-013244
- form_type: 8-K
- ticker: WSBF
- cik: 0001569994
- company_name: Waterstone Financial, Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1569994/000143774924013244/0001437749-24-013244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1569994/000143774924013244/wsbf20240422c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013244
- JSON: https://secwatch.observer/filing/0001437749-24-013244.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013244.txt

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