secwatch.observer — SEC 8-K summary
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Issuer:     Sound Financial Bancorp, Inc. (SFBC)
CIK:        0001541119
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001541119-24-000053
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sound Financial amends change-in-control agreements for six officers, including Sexton and Ochs
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- On Oct 30, 2024, Board approved amendments to change-in-control agreements for six officers.
- Heidi Sexton (EVP/COO) and Wes Ochs (EVP/CSO/CFO) among those with revised agreements.
- Involuntary termination definition now based on 35-mile radius from officer's current workplace, not headquarters.
- For four earlier agreements, 'Change in Control' definition aligned with 2023 version.
- No other changes to severance terms; effective immediately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1541119/000154111924000053/0001541119-24-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1541119/000154111924000053/sfbc-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001541119-24-000053

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