{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-021238","form_type":"8-K","ticker":"OPHC","cik":"0001288855","company_name":"OptimumBank Holdings, Inc.","filed_at":"2026-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.095669+00:00","generated_at":"2026-05-14T23:15:39.275455+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"OptimumBank Holdings CEO Terry retires; Chairman Gubin appointed CEO, Smith named President","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-021238","json":"https://secwatch.observer/filing/0001493152-26-021238.json","markdown":"https://secwatch.observer/filing/0001493152-26-021238.md","text":"https://secwatch.observer/filing/0001493152-26-021238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/0001493152-26-021238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:15:39.275455+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"75ce6ef586","claim":"Moishe Gubin was appointed as Chief Executive Officer and principal executive officer at OptimumBank Holdings, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/0001493152-26-021238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and principal executive officer"}],"fact_type":"executive_change"},{"claim_id":"8079759e79","claim":"Braden R. Smith was appointed as President at OptimumBank Holdings, Inc..","evidence_excerpt":"Also effective the same date, the Bank appointed Braden R. Smith as its President.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/0001493152-26-021238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"d7abc28c7b","claim":"Timothy Terry retired as principal executive officer, President and Chief Executive Officer at OptimumBank Holdings, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/0001493152-26-021238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"principal executive officer, President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}