secwatch.observer — SEC 8-K summary
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Issuer:     River Financial Corp (RVRF)
CIK:        0001641601
Form:       8-K
Filed at:   2021-11-19T23:59:59+00:00
Accession:  0001564590-21-057706
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

River Financial approves change-in-control protections and supplemental retirement for CFO Jason Davis
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- CFO Jason Davis receives change-in-control agreement: 1.5x base amount severance plus 1.5x group benefit premiums upon qualifying termination.
- Supplemental executive retirement agreement provides $50,000 annual benefit for 15 years starting at normal retirement age 68.
- Both agreements effective January 1, 2022; board approved November 15, 2021.
- Change-in-control agreement automatically renews for 24 months following a change in control event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641601/000156459021057706/0001564590-21-057706-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641601/000156459021057706/ck001641601-8k_20211115.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-057706

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