{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-027969","form_type":"8-K","ticker":"RMBI","cik":"0001767837","company_name":"Richmond Mutual Bancorporation, Inc.","filed_at":"2025-05-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.636726+00:00","generated_at":"2026-05-20T11:03:36.754338+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Richmond Mutual Bancorp enters change-in-control agreements with President/COO and CFO","bullets":["Agreements dated May 22, 2025 with Paul Witte (President/COO of Bank) and Bradley Glover (CFO of Company and Bank).","Initial term expires Dec 31, 2026, with automatic one-year renewal on Jan 1, 2026 and each Jan 1 thereafter unless non-renewal notice.","If termination without cause or for good reason within 12 months after change of control: lump sum cash of 2x base amount plus up to 24 months insurance.","Severance conditioned on executing general release; subject to Section 280G parachute payment reduction.","Agreements are between the company, bank, and each executive; filed as Exhibits 10.1 and 10.2."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-027969","json":"https://secwatch.observer/filing/0001628280-25-027969.json","markdown":"https://secwatch.observer/filing/0001628280-25-027969.md","text":"https://secwatch.observer/filing/0001628280-25-027969.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767837/000162828025027969/0001628280-25-027969-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767837/000162828025027969/rmbi-20250527.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T11:03:36.754338+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}