---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-038321"
form_type: "8-K"
ticker: "FDBC"
cik: "0001098151"
company_name: "FIDELITY D & D BANCORP INC"
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:42:20.513625+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Fidelity D&D Bancorp terminates EVP/Chief Credit Officer Michael Pacyna; separation includes $240K+ severance

## Summary
- Michael Pacyna Jr. terminated as EVP and Chief Credit Officer effective Dec. 12, 2025.
- Severance pay for 28 weeks plus 2025 executive bonus of $239,975.02 payable Jan. 2026.
- Conditional supplementary severance of up to 12 weeks at 80% salary ($46,587.64 max).
- Bank pays employer health premiums through June 30, 2026; non-compete reduced from 2 years to 15 months.
- Departments previously managed by CCO reassigned to Chief Risk Officer.

## SEC filing metadata
- accession: 0001437749-25-038321
- form_type: 8-K
- ticker: FDBC
- cik: 0001098151
- company_name: FIDELITY D & D BANCORP INC
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098151/000143774925038321/0001437749-25-038321-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098151/000143774925038321/fdbc20251216_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-038321
- JSON: https://secwatch.observer/filing/0001437749-25-038321.json
- Plain text: https://secwatch.observer/filing/0001437749-25-038321.txt

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