Recent 8-K filings for FSEA

• August 27, 2026, 5:00 PM ET M&A materiality 0.80 positive item 5.07

  First Seacoast shareholders approve merger with Cambridge Financial Group

  Special meeting Aug 27, 2026: merger agreement approved 3,425,942 for, 11,808 against, 56,559 abstain.

• May 5, 2026, 7:59 PM ET M&A materiality 1.00 positive item 1.01item 8.01item 9.01 ◈ Material Agreements

  First Seacoast Bancorp acquired by Cambridge Financial for $17.25/share cash (~$80.9M)

  Stockholders to receive $17.25 cash per share; total deal value approx. $80.9M.

• May 29, 2025, 7:59 PM ET leadership materiality 0.55 neutral item 5.02item 5.07item 9.01 ◈ executive_change ×2

  First Seacoast Bancorp appoints Richard Donovan President; Brannen remains CEO

  Richard Donovan succeeds James Brannen as President of the Company and Bank; Brannen continues as CEO.

• March 5, 2025, 6:59 PM ET other material materiality 0.40 neutral item 5.02item 9.01

  First Seacoast Bancorp freezes CEO Brannen's non-CIC benefit at $64,817; CIC benefit set at $132,209

  CEO James Brannen's salary continuation agreement amended: non-change-in-control annual benefit frozen at $64,817.

• February 4, 2025, 6:59 PM ET other material materiality 0.30 neutral item 5.02

  First Seacoast Bancorp extends employment agreements for three executives through 2027-2028

  CEO James Brannen and CFO Richard Donovan agreements extended to March 1, 2028.

• January 31, 2025, 6:59 PM ET other materiality 0.30 neutral item 5.02

  First Seacoast extends CEO Brannen's term to 2028, two other officers to 2027

  CEO James R. Brannen's employment agreement extended to March 31, 2028.

• December 12, 2024, 6:59 PM ET other material materiality 0.65 positive item 8.01item 9.01

  First Seacoast Bancorp authorizes additional 228,858 share repurchases under ongoing program

  Original April 2024 authorization covered 507,707 shares (~10% of then-outstanding).

• June 17, 2024, 7:59 PM ET other material materiality 0.60 neutral item 1.01item 8.01item 9.01

  First Seacoast sells four bank properties for $7.5M, leases them back for 15 years

  Sale of four bank office properties to MountainSeed for ~$7.5M cash; pre-tax gain of ~$2.5M.

• May 30, 2024, 7:59 PM ET other materiality 0.15 neutral item 5.07

  First Seacoast Bancorp annual meeting results: directors elected, equity plan approved, auditor ratified

  Thomas J. Jean, Erica A. Johnson, Janet Sylvester elected as directors with 2,721,788; 2,066,735; 2,736,321 for votes respectively.

• April 11, 2024, 7:59 PM ET other material materiality 0.55 positive item 8.01item 9.01

  First Seacoast Bancorp authorizes stock repurchase of up to 10% of outstanding shares

  Board authorized repurchase of up to 507,707 shares (~10% of outstanding).

• March 5, 2024, 6:59 PM ET other material materiality 0.45 neutral item 4.01

  First Seacoast Bancorp replaces auditor Wolf & Company after BNN exits SEC banking audit practice

  BNN declined re-appointment for FY2024 due to exit from SEC-registered bank audit practice.

• January 25, 2024, 6:59 PM ET leadership materiality 0.40 neutral item 5.02

  First Seacoast extends employment agreements for Brannen, Donovan, Dargan

  James R. Brannen's employment agreement extended to March 31, 2027.

• January 17, 2024, 6:59 PM ET other material materiality 0.30 neutral item 4.01item 9.01

  First Seacoast Bancorp's auditor BNN declines reappointment for 2024 due to exit from SEC bank audit practice

  BNN notified company on Jan 16, 2024 will not stand for re-appointment as auditor for FY2024.

• November 29, 2023, 6:59 PM ET other material materiality 0.50 neutral item 8.01item 9.01

  First Seacoast sells $40.6M low-yield securities, buys higher-yield; expects $995K annual after-tax gain

  Sold $40.6M book value of lower-yielding securities for estimated after-tax loss of $3.1M.

• October 26, 2023, 7:59 PM ET other materiality 0.20 neutral item 5.04item 9.01

  First Seacoast Bancorp imposes blackout period for insiders during 401(k) plan transition

  Blackout period from Nov 15 to week of Dec 18, 2023 due to 401(k) plan administrator change from Pentegra to Empower.

• May 26, 2023, 7:59 PM ET other materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×2

  First Seacoast Bancorp shareholders elect three directors; ratify auditor

  Directors James R. Brannen, James Jalbert, and Paula J. Williamson-Reid elected for three-year terms (votes: 2.78M, 2.78M, 2.41M for; 74.7K, 80.9K, 449K withhold; 1.35M broker non-votes).

• February 23, 2023, 6:59 PM ET other material materiality 0.10 neutral item 5.03item 9.01

  First Seacoast Bancorp amends director age limit: must leave by Dec 31 of year turning 70

  Board amended Bylaw Article II, Section 12(b) to require directors to retire by Dec 31 of the year they turn 70.

• January 26, 2023, 6:59 PM ET other materiality 0.20 neutral item 5.02

  First Seacoast Bancorp extends employment agreements for three officers through 2025/2026

  James R. Brannen and Richard M. Donovan agreements extended to March 31, 2026.

• January 19, 2023, 6:59 PM ET other material materiality 0.65 neutral item 8.01item 9.01

  First Seacoast Bancorp closes mutual-to-stock conversion; begins trading Jan 20

  Sold 2,805,000 shares at $10.00/share; net proceeds used for corporate purposes.

• January 10, 2023, 6:59 PM ET other material materiality 0.50 neutral item 8.01

  First Seacoast Bancorp completes syndicated community offering for mutual-to-stock conversion

  Offering closed on January 10, 2023, as per Prospectus dated November 14, 2022 and Supplement dated December 21, 2022.

• December 30, 2022, 6:59 PM ET other material materiality 0.50 neutral item 8.01

  First Seacoast Bancorp stockholders approve conversion from mutual to stock holding company

  Stockholders and MHC members approved the Amended and Restated Plan of Conversion and Reorganization.

• December 22, 2022, 6:59 PM ET other material materiality 0.55 neutral item 8.01item 9.01

  First Seacoast increases purchase limits and launches syndicated community offering for conversion

  Maximum purchase limit raised from 40,000 shares ($400,000) to 5% of shares issued (up to 140,250 shares at minimum).

• November 18, 2022, 6:59 PM ET other material materiality 0.50 neutral item 8.01item 9.01

  First Seacoast Bancorp hires KBW for stock offering in mutual-to-stock conversion

  KBW receives 1.0% success fee on subscription offering and 1.5% on community offering, min $300k.

Executive changes

Materiality & sentiment trend

Max materiality 1.00 · Median 0.50 · Most common event other_material

4 positive 0 negative 19 neutral

source · FSEA on sec.gov