leadership
confidence high
sentiment neutral
materiality 0.40
John S. Pucin appointed to NSTS Bancorp and bank boards, effective June 18, 2025
NSTS Bancorp, Inc.
- Appointed John S. Pucin, age 59, to boards of NSTS Bancorp and North Shore Trust and Savings; term expires at 2027 annual meeting.
- Pucin is SVP and Corporate Counsel of Caine & Weiner and managing partner of Law Office of John S. Pucin, P.C.
- Appointed to Audit Committee; Board determined he is independent under Nasdaq rules.
- Appointment expected to restore Nasdaq compliance regarding board independence (Rule 5605(b)(1)).
- Compensation: prorated $18k annual retainer, $1k per meeting fee, $2k additional retainer, plus deferred comp and equity plans.
item 5.02item 9.01