secwatch.observer — SEC 8-K summary
======================================

Issuer:     PATRIOT NATIONAL BANCORP INC (PNBK)
CIK:        0001098146
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001628280-24-015292
Event type: leadership
Sentiment:  negative
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Patriot National Bancorp CFO retiring; Chief Risk Officer resigning; interim replacements named
--------------------------------------------------------------------------------

- CFO Joseph Perillo to retire by July 31, 2024; will assist transition for a new CFO.
- Chief Risk & Compliance Officer Judith Corprew resigns effective May 3, 2024.
- Senior VP Joshua Oliver named acting Chief Risk & Compliance Officer; joined bank in May 2023.
- Both departures cited as personal; no disagreement with company operations or policies.
- Retention and Severance Agreement from Aug 2023 governs CFO transition; extension possible.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098146/000162828024015292/0001628280-24-015292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098146/000162828024015292/pnbk-20240402.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-015292

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