---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-038783"
form_type: "8-K/A"
ticker: "FDBC"
cik: "0001098151"
company_name: "FIDELITY D & D BANCORP INC"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:04:12.918297+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fidelity D&D Bancorp amends separation agreement with EVP/Chief Credit Officer Pacyna; non-compete cut to 15 months

## Summary
- Michael J. Pacyna, Jr., EVP and Chief Credit Officer, voluntarily separated on Dec. 12, 2025; agreement amended to correct clerical errors.
- Severance pay of 28 weeks at regular salary through June 26, 2026, plus conditional 12 more weeks if unemployed (through Sept. 18, 2026).
- Non-compete covenant reduced from 2 years to 15 months; bank may consider waiving under certain conditions.
- 2025 executive bonus to be paid in Jan. 2026 at target for individual component; health insurance COBRA with bank contributions through at least June 30, 2026.
- Mr. Pacyna retains vested SERP benefits; waives future stock vesting after the agreement becomes effective.

## SEC filing metadata
- accession: 0001437749-25-038783
- form_type: 8-K/A
- ticker: FDBC
- cik: 0001098151
- company_name: FIDELITY D & D BANCORP INC
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098151/000143774925038783/0001437749-25-038783-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098151/000143774925038783/fdbc20251224_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-038783
- JSON: https://secwatch.observer/filing/0001437749-25-038783.json
- Plain text: https://secwatch.observer/filing/0001437749-25-038783.txt

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