CIVISTA BANCSHARES Reports Officer Changes & Compensation
Ticker: CIVB · Form: 8-K · Filed: Feb 22, 2024 · CIK: 944745
| Field | Detail |
|---|---|
| Company | Civista Bancshares, Inc. (CIVB) |
| Form Type | 8-K |
| Filed Date | Feb 22, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**CIVISTA BANCSHARES is shaking up its executive team and compensation, so keep an eye on leadership changes!**
AI Summary
CIVISTA BANCSHARES, INC. filed an 8-K on February 22, 2024, reporting events that occurred as early as January 1, 2024. The filing addresses changes in directors or certain officers, including their election or appointment, and details compensatory arrangements for certain officers. This indicates potential shifts in leadership and executive compensation structures within the company.
Why It Matters
Changes in executive leadership and compensation can signal strategic shifts or impact investor confidence, potentially affecting the company's future performance and stock value.
Risk Assessment
Risk Level: medium — Changes in executive leadership and compensation can introduce uncertainty, but the specific details are not yet fully disclosed to assess the full impact.
Key Players & Entities
- CIVISTA BANCSHARES, INC. (company) — Registrant
- Ohio (company) — State of incorporation
- January 1, 2024 (date) — Date of earliest event reported
- February 22, 2024 (date) — Date of Report
- 001-36192 (dollar_amount) — Commission File No.
FAQ
What is the earliest event date reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 1, 2024.
What is the filing date of this 8-K?
The filing date of this 8-K is February 22, 2024.
Which company filed this 8-K?
CIVISTA BANCSHARES, INC. filed this 8-K.
What specific items are reported in this 8-K regarding officers and directors?
The 8-K reports on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; and Compensatory Arrangements of Certain Officers.
What is the state of incorporation for CIVISTA BANCSHARES, INC.?
CIVISTA BANCSHARES, INC. is incorporated in Ohio.
Filing Stats: 851 words · 3 min read · ~3 pages · Grade level 13.9 · Accepted 2024-02-22 08:30:32
Filing Documents
- d748305d8k.htm (8-K) — 28KB
- d748305dex101.htm (EX-10.1) — 114KB
- 0001193125-24-042132.txt ( ) — 283KB
- civb-20240101.xsd (EX-101.SCH) — 3KB
- civb-20240101_lab.xml (EX-101.LAB) — 18KB
- civb-20240101_pre.xml (EX-101.PRE) — 11KB
- d748305d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits . Exhibit Number Description 10.1 Civista Bancshares, Inc. Supplemental Nonqualified Executive Retirement Plan, as amended and restated effective as of January 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Civista Bancshares, Inc. (Registrant) Date: February 22, 2024 /s/ Todd A. Michel Todd A. Michel, Senior Vice President and Controller