other material
confidence high
sentiment neutral
materiality 0.40
Steele Bancorp adds SERP for Troxell, raises retirement benefits for Kapsar, Graver, Eberhart
STEELE BANCORP INC
- New SERP for J. Todd Troxell (Corporate Secretary, SEVP & CBO) pays $45,600/yr for 15 years starting at age 65.
- CEO Kapsar's normal retirement benefit raised from $114,000 to $157,000/yr; CFO Graver from $71,000 to $117,000; COO Eberhart from $55,000 to $79,000.
- Amendments also adjust early termination, disability, death, and change-in-control benefits per vesting schedules.
- Agreements approved by Bank board on July 16, 2026; effective date August 1, 2026.