NB Bancorp Announces CFO Resignation and Appointment

Ticker: NBBK · Form: 8-K · Filed: Jun 4, 2024 · CIK: 1979330

Nb Bancorp, Inc. 8-K Filing Summary
FieldDetail
CompanyNb Bancorp, Inc. (NBBK)
Form Type8-K
Filed DateJun 4, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: cfo-change, management-transition

Related Tickers: NBBC

TL;DR

NB Bancorp's CFO is out, new one in. No details yet.

AI Summary

NB Bancorp, Inc. announced on June 4, 2024, the resignation of its Chief Financial Officer, effective June 3, 2024. Concurrently, the company appointed a new Chief Financial Officer. The filing does not specify the names of the outgoing or incoming CFOs, nor does it detail any financial implications of these changes.

Why It Matters

Changes in key financial leadership can impact investor confidence and the company's financial strategy and reporting.

Risk Assessment

Risk Level: medium — A change in CFO, especially without immediate details on the successor or reasons, can introduce uncertainty for investors.

Key Players & Entities

  • NB Bancorp, Inc. (company) — The company filing the report.
  • June 4, 2024 (date) — Date of the report and earliest event.
  • June 3, 2024 (date) — Effective date of the CFO's resignation.

FAQ

Who is the outgoing Chief Financial Officer of NB Bancorp, Inc.?

The filing states that the Chief Financial Officer resigned effective June 3, 2024, but does not name the individual.

Who is the new Chief Financial Officer of NB Bancorp, Inc.?

The filing announces the appointment of a new Chief Financial Officer but does not provide their name.

What is the effective date of the CFO's resignation?

The resignation of the Chief Financial Officer was effective June 3, 2024.

Are there any financial implications mentioned regarding the CFO change?

The filing does not detail any specific financial implications related to the CFO's resignation or the appointment of a new CFO.

What is the primary reason for the CFO's resignation?

The filing does not disclose the specific reasons for the Chief Financial Officer's resignation.

Filing Stats: 457 words · 2 min read · ~2 pages · Grade level 10.1 · Accepted 2024-06-04 17:00:20

Key Financial Figures

  • $0.01 — ch registered Common Stock, Par Value $0.01 Per Share NBBK The Nasdaq Stock Mar

Filing Documents

01

Item 8.01 OTHER EVENTS On June 4, 2024, NB Bancorp, Inc. (the "Company"), the parent company of Needham Bank, made available a slide presentation at a virtual investors bank meeting. The presentation materials include information regarding the Company's operations and financial performance. The slide presentation is included in this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference .

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Presentation Materials of NB Bancorp, Inc. 104.1 Cover Page Interactive Data File (Embedded within 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. NB BANCORP, INC. DATE: June 4, 2024 By: Jean-Pierre Lapointe Executive Vice President and Chief Financial Officer

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