John Marshall Bancorp Files 8-K
Ticker: JMSB · Form: 8-K · Filed: Jul 25, 2024 · CIK: 1710482
| Field | Detail |
|---|---|
| Company | John Marshall Bancorp, Inc. (JMSB) |
| Form Type | 8-K |
| Filed Date | Jul 25, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, corporate-filing, financial-reporting
Related Tickers: JMBS
TL;DR
JMBS filed an 8-K on 7/23 for other events & financials.
AI Summary
On July 23, 2024, John Marshall Bancorp, Inc. filed an 8-K report to disclose other events and financial statements. The filing details the company's corporate structure and financial reporting obligations.
Why It Matters
This filing provides an update on John Marshall Bancorp's corporate and financial reporting status, which is important for investors to track the company's compliance and operational disclosures.
Risk Assessment
Risk Level: low — This is a routine filing for corporate and financial reporting, not indicating any immediate operational or financial distress.
Key Numbers
- 001-41315 — SEC File Number (Identifies the company's filing with the SEC.)
- 81-5424879 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- John Marshall Bancorp, Inc. (company) — Registrant
- July 23, 2024 (date) — Date of earliest event reported
- Virginia (jurisdiction) — State of incorporation
- Reston, Virginia (location) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report 'Other Events' and to include 'Financial Statements and Exhibits' as of July 23, 2024.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is July 23, 2024.
In which state is John Marshall Bancorp, Inc. incorporated?
John Marshall Bancorp, Inc. is incorporated in Virginia.
What is the principal executive office address for John Marshall Bancorp, Inc.?
The principal executive office address is 1943 Isaac Newton Square, Suite 100, Reston, Virginia 20190.
What is the company's telephone number?
The company's telephone number, including area code, is (703) 584-0840.
Filing Stats: 1,465 words · 6 min read · ~5 pages · Grade level 16 · Accepted 2024-07-25 17:16:29
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share JMSB The Nasdaq Stock Mar
Filing Documents
- jmsb-20240723x8k.htm (8-K) — 49KB
- 0001558370-24-010207.txt ( ) — 174KB
- jmsb-20240723.xsd (EX-101.SCH) — 3KB
- jmsb-20240723_lab.xml (EX-101.LAB) — 16KB
- jmsb-20240723_pre.xml (EX-101.PRE) — 10KB
- jmsb-20240723x8k_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On July 23, 2024, the Board of Directors of John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the "Company") authorized the extension of the Company's stock repurchase program (the "Repurchase Program") that was originally adopted on August 18, 2021 and was set to expire on August 31, 2024. Under the Repurchase Program, the Company may repurchase up to 700,000 shares of its common stock, par value of $0.01 per share, or approximately 5% of its outstanding shares of common stock. As of June 30, 2024, the Company had approximately 14.23 million shares outstanding. Any purchases under the Repurchase Program may be made periodically as permitted by securities laws and other legal requirements in the open market or in privately-negotiated transactions. Open market purchases will be conducted in accordance with the limitations set forth in Securities and Exchange Commission ("SEC") Rule 10b-18 and other applicable legal requirements. Repurchases may be made pursuant to any trading plan that may be adopted in accordance with SEC Rule 10b5-1, which would permit common stock to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws. Under applicable law, repurchased shares will be cancelled and revert to the status of authorized but unissued shares. The timing and amount of repurchases of shares, if any, will be determined by the Company's management, based on its evaluation of market conditions, business, legal and other factors. Information regarding share repurchases will be available in the Company's periodic reports on Form 10-Q and Form 10-K filed with the SEC as required by the applicable rules of the Securities Exchange Act of 1934. The Company currently anticipates the Repurchase Program will expire on August 31, 2025, or earlier if all the shares subject to the Repurchase Program have been repurchased. The Repurchase Program does not obligate the Company to repurchase any dollar amount or number
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 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 hereunto duly authorized. JOHN MARSHALL BANCORP, INC. Date: July 25, 2024 By: /s/ Kent D. Carstater Kent D. Carstater Senior Executive Vice President, Chief Financial Officer