{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-041173","form_type":"8-K","ticker":"PNBK","cik":"0001098146","company_name":"PATRIOT NATIONAL BANCORP INC","filed_at":"2025-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.336058+00:00","generated_at":"2026-05-17T09:53:35.378566+00:00","sec_items":["4.01","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Patriot National Bancorp dismisses RSM, taps Baker Tilly as auditor; CEO Sugarman to become Chairman","bullets":["RSM US LLP dismissed as auditor on Aug 22, 2025; Baker Tilly appointed for fiscal 2025. No disagreements or reportable events.","Independent directors of company receive $50K cash + $75K RSU annually; bank directors get $20K cash + $25K RSU.","Committee chair cash awards set: Audit $15K, Risk/Compliance $10K, Credit Sub $10K, others $5K each.","CEO Steven Sugarman appointed Chairman of the Board effective Oct 1, 2025; Michael Carrazza steps down as Chairman, remains director.","Anahit Magzanyan appointed Lead Independent Director effective Oct 1, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-041173","json":"https://secwatch.observer/filing/0001628280-25-041173.json","markdown":"https://secwatch.observer/filing/0001628280-25-041173.md","text":"https://secwatch.observer/filing/0001628280-25-041173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098146/000162828025041173/0001628280-25-041173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098146/000162828025041173/pnbk-20250820.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:53:35.378566+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":[{"claim_id":"26bbd6a6549bebab00d0f69ac66662ad685469e7","claim":"PATRIOT NATIONAL BANCORP INC dismissed RSM US LLP as its auditor.","evidence_excerpt":"(a) Dismissal of Independent Registered Public Accounting Firm The Audit Committee (the “Committee”) of the Board of Directors of Patriot National Bancorp, Inc. (the “Company”) recently conducted a selection process for the Company’s independent public accounting firm for the year ending December 31, 2025. As a result of this process, on August 22, 2025, the Company engaged Baker Tilly US, LLP (“Baker Tilly”) to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The engagement of Baker Tilly was approved by the Committee. As a result, the Company ended RSM US LLP’s (“RSM”) engagement as the Company’s independent registered public accounting firm on August 22, 2025.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1098146/000162828025041173/0001628280-25-041173-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"RSM US LLP"},{"label":"Successor","value":"Baker Tilly US, LLP"}],"fact_type":"auditor_change"},{"claim_id":"9c1e346c9d2927cf6a505374f7822db263345c0e","claim":"PATRIOT NATIONAL BANCORP INC engaged Baker Tilly US, LLP as its auditor.","evidence_excerpt":"on August 22, 2025, the Company engaged Baker Tilly US, LLP (“Baker Tilly”) to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1098146/000162828025041173/0001628280-25-041173-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Baker Tilly US, LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}