secwatch.observer — SEC 8-K summary
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Issuer:     Rhinebeck Bancorp, Inc. (RBKB)
CIK:        0001751783
Form:       8-K
Filed at:   2026-07-21T21:15:07+00:00
Accession:  0001751783-26-000032
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rhinebeck Bancorp completes second-step conversion, sells 8.88M shares at $10
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- Sold 8,880,210 shares at $10.00 per share in the offering.
- Existing public shares converted at exchange ratio of 1.3978.
- Total shares outstanding after conversion: 15,638,237 (pre-fractional).
- MHC ceases to exist; company now fully-public stock holding company.
- Continental Stock Transfer to mail DRS statements and refunds on July 21.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751783/000175178326000032/0001751783-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751783/000175178326000032/rbkb-20260721x8k.htm
  HTML page:      https://secwatch.observer/filing/0001751783-26-000032

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