---
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"
generated_at: "2026-05-14T23:15:39.275455+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-021238
- JSON: https://secwatch.observer/filing/0001493152-26-021238.json
- Plain text: https://secwatch.observer/filing/0001493152-26-021238.txt

## Key facts
- Executive change
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/0001493152-26-021238-index.htm
- Executive change
  Braden R. Smith was appointed as President at OptimumBank Holdings, Inc..
  - Action: appointed
  - Role: President
  source text: Also effective the same date, the Bank appointed Braden R. Smith as its President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/0001493152-26-021238-index.htm
- Executive change
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/0001493152-26-021238-index.htm

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