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

Issuer:     BayCom Corp (BCML)
CIK:        0001730984
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001730984-24-000008
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BayCom extends CEO, COO, CFO employment agreements to March 2027; updates base salaries and benefits
--------------------------------------------------------------------------------

- CEO Guarini base salary set at $724,131; COO King and CFO Colwell each at $417,768.
- Term extended to March 5, 2027, with automatic annual extension unless noticed.
- Annual restricted stock grant of 25% of base salary added for King and Colwell.
- Health insurance continuation after termination extended to 24 months with alternative payment option.
- Notice period for termination without cause increased to 90 days; NLRA rights clarification added.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730984/000173098424000008/0001730984-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730984/000173098424000008/bcml-20240117x8k.htm
  HTML page:      https://secwatch.observer/filing/0001730984-24-000008

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