---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-027799"
form_type: "8-K"
ticker: "MNSB"
cik: "0001693577"
company_name: "MainStreet Bancshares, Inc."
filed_at: "2025-08-27T23:59:59+00:00"
generated_at: "2026-05-17T09:44:04.111065+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MainStreet Bancshares enters CFO indemnification and employment agreements, declares preferred dividend

## Summary
- CFO Richard A. Vari entered an indemnification agreement with MainStreet Bancshares, effective August 21, 2025.
- Vari signed a new employment agreement with MainStreet Bank for a term through Dec 31, 2026, at $270,400 annual base salary.
- Preferred stock dividend declared: $0.47 per depositary share (Series A), payable Sept 30, 2025 to holders of record Sept 15.
- Severance: 200% of base salary if terminated without cause within one year following a change of control.

## SEC filing metadata
- accession: 0001437749-25-027799
- form_type: 8-K
- ticker: MNSB
- cik: 0001693577
- company_name: MainStreet Bancshares, Inc.
- filed_at: 2025-08-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1693577/000143774925027799/0001437749-25-027799-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693577/000143774925027799/main20250812c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-027799
- JSON: https://secwatch.observer/filing/0001437749-25-027799.json
- Plain text: https://secwatch.observer/filing/0001437749-25-027799.txt

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