OptimumBank Holdings CEO Terry retires; Chairman Gubin appointed CEO, Smith named President

OptimumBank Holdings, Inc.

Timothy Terry retired as CEO of OptimumBank Holdings and OptimumBank on May 1, 2026; will assist with transition.
Chairman Moishe Gubin appointed CEO and principal executive officer of the Company and CEO of the Bank effective same date.
Braden R. Smith appointed President of OptimumBank; previously Chief Business Development Officer at Amerant Bank (2024-2026) and EVP at Wintrust Financial (2009-2024).

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Moishe Gubin

Chief Executive Officer and principal executive officer

OPHC · OptimumBank Holdings, Inc.

Effective: 2026-05-01
Filed: May 5, 2026, 7:59 PM ET

Effective the same date: (i) the Company appointed its Chairman of the Board, Moishe Gubin, as its Chief Executive Officer and principal executive officer; and (ii) the Bank appointed Mr. Gubin as its Chief Executive Officer.

Appointed

Braden R. Smith

President

OPHC · OptimumBank Holdings, Inc.

Effective: 2026-05-01
Filed: May 5, 2026, 7:59 PM ET

Also effective the same date, the Bank appointed Braden R. Smith as its President.

Departed

Timothy Terry

principal executive officer, President and Chief Executive Officer

OPHC · OptimumBank Holdings, Inc.

Effective: 2026-05-01
Successor: Moishe Gubin
Filed: May 5, 2026, 7:59 PM ET

On May 1, 2026, Timothy Terry retired as principal executive officer of OptimumBank Holdings, Inc. (the “Company”) and as President and Chief Executive Officer of its wholly-owned subsidiary, OptimumBank.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Moishe Gubin was appointed as Chief Executive Officer and principal executive officer at OptimumBank Holdings, Inc..

Action: appointed
Role: Chief Executive Officer and principal executive officer

Exact text from the filing

Effective the same date: (i) the Company appointed its Chairman of the Board, Moishe Gubin, as its Chief Executive Officer and principal executive officer; and (ii) the Bank appointed Mr. Gubin as its Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Braden R. Smith was appointed as President at OptimumBank Holdings, Inc..

Action: appointed
Role: President

Exact text from the filing

Also effective the same date, the Bank appointed Braden R. Smith as its President.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Terry retired as principal executive officer, President and Chief Executive Officer at OptimumBank Holdings, Inc..

Action: retired
Role: principal executive officer, President and Chief Executive Officer

Exact text from the filing

On May 1, 2026, Timothy Terry retired as principal executive officer of OptimumBank Holdings, Inc. (the “Company”) and as President and Chief Executive Officer of its wholly-owned subsidiary, OptimumBank.

View on SEC.gov

OptimumBank Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-021238

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.