Gouverneur Bancorp Announces Board and Officer Changes
Ticker: GOVB · Form: 8-K · Filed: Aug 21, 2025 · CIK: 1978811
Sentiment: neutral
Topics: corporate-governance, management-change
Related Tickers: GOVB
TL;DR
Gouverneur Bancorp (GOVB) reshuffled its board and exec team on Aug 18. Watch for new strategy.
AI Summary
Gouverneur Bancorp, Inc. announced on August 18, 2025, changes in its board and officer appointments. The filing details the departure of a director, the election of a new director, and the appointment of certain officers, along with information on their compensatory arrangements. The company is incorporated in Maryland and headquartered in Gouverneur, New York.
Why It Matters
Changes in a company's board of directors and key officers can signal shifts in strategy, governance, or operational focus, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance changes and does not involve significant financial transactions or operational disruptions.
Key Players & Entities
- Gouverneur Bancorp, Inc. (company) — Registrant
- Maryland (location) — State of incorporation
- Gouverneur, New York (location) — Principal executive offices
FAQ
What specific roles have been affected by the officer appointments?
The filing indicates appointments of certain officers but does not specify the exact roles in the provided text.
Who is the newly elected director?
The filing mentions the election of a new director but does not provide the name in the provided text.
When was the earliest event reported in this 8-K?
The earliest event reported was on August 18, 2025.
What is Gouverneur Bancorp's primary business?
Gouverneur Bancorp, Inc. is classified under Savings Institutions, Not Federally Chartered [6036].
Where is Gouverneur Bancorp, Inc. headquartered?
The company's principal executive offices are located at 42 Church Street, Gouverneur, New York 13642.
Filing Stats: 512 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2025-08-21 16:20:01
Key Financial Figures
- $27,600 — ensation, which currently consists of a $27,600 annual cash retainer. Mr. Pelkey was no
Filing Documents
- tm2524040d1_8k.htm (8-K) — 23KB
- 0001104659-25-081429.txt ( ) — 181KB
- tmb-20250818.xsd (EX-101.SCH) — 3KB
- tmb-20250818_lab.xml (EX-101.LAB) — 33KB
- tmb-20250818_pre.xml (EX-101.PRE) — 22KB
- tm2524040d1_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . On August 18, 2025, the Board of Directors of Gouverneur Bancorp, Inc. (the "Company") and its wholly owned subsidiary, Gouverneur Savings and Loan Association (the "Bank"), appointed Duane M. Pelkey to serve as a director of the Company and the Bank. In connection with his appointment as a director, Mr. Pelkey will receive the Company's standard director compensation, which currently consists of a $27,600 annual cash retainer. Mr. Pelkey was not appointed to serve on any committee of the Board of Directors in connection with his appointment as a director. There are no arrangements or understandings with any person pursuant to which Mr. Pelkey has been selected to serve as a director of the Company and the Bank. There have been no transactions directly or indirectly involving Mr. Pelkey that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K of the Securities and Exchange Commission. SIGNATURE 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. GOUVERNEUR BANCORP, INC. Date: August 21, 2025 By: /s/ James D. Campanaro James D. Campanaro Vice President and Chief Financial Officer