secwatch.observer — SEC 8-K summary
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Issuer:     OptimumBank Holdings, Inc. (OPHC)
CIK:        0001288855
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001493152-26-021238
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/0001493152-26-021238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288855/000149315226021238/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-021238

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer