Pioneer Bancorp Announces Director & Officer Changes
Ticker: PBFS · Form: 8-K · Filed: Dec 22, 2025 · CIK: 1769663
| Field | Detail |
|---|---|
| Company | Pioneer Bancorp, Inc./Md (PBFS) |
| Form Type | 8-K |
| Filed Date | Dec 22, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes
Related Tickers: PBIO
TL;DR
Pioneer Bancorp (PBIO) board shakeup, new officers appointed, and comp plans updated.
AI Summary
Pioneer Bancorp, Inc./MD announced on December 16, 2025, changes related to its board of directors and officers, including the departure of certain directors and the election of new ones. The company also reported on compensatory arrangements for its officers. The filing details these corporate governance updates and financial reporting information.
Why It Matters
Changes in a company's board and officer structure can signal shifts in strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and officer compensation can introduce uncertainty regarding future strategy and operational stability.
Key Numbers
- 001-38991 — SEC File Number (Identifies the specific SEC filing for Pioneer Bancorp, Inc.)
- 83-4274253 — I.R.S. Employer Identification No. (Tax identification number for Pioneer Bancorp, Inc.)
Key Players & Entities
- Pioneer Bancorp, Inc./MD (company) — Registrant
- Maryland (company) — State of Incorporation
- December 16, 2025 (date) — Date of earliest event reported
FAQ
What specific roles or positions were affected by the director and officer changes?
The filing indicates changes in 'Departure of Directors or Certain Officers' and 'Election of Directors,' but does not specify the exact roles affected in this summary.
Were there any new directors elected to the board?
Yes, the filing explicitly mentions 'Election of Directors' as an item of report.
What is the nature of the 'Compensatory Arrangements of Certain Officers' mentioned?
The filing states that 'Compensatory Arrangements of Certain Officers' are being reported, but the specific details of these arrangements are not provided in this summary.
When was the earliest event reported in this Form 8-K?
The earliest event reported is dated December 16, 2025.
What is Pioneer Bancorp, Inc.'s principal executive office address?
The principal executive offices are located at 652 Albany Shaker Road, Albany, New York 12211.
Filing Stats: 866 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2025-12-22 16:03:37
Filing Documents
- form8k_121625.htm (8-K) — 30KB
- ex10-1_8k121625.htm (EX-10.1) — 29KB
- image1.jpg (GRAPHIC) — 50KB
- 0000943374-25-000525.txt ( ) — 260KB
- pbfs-20251216.xsd (EX-101.SCH) — 4KB
- pbfs-20251216_lab.xml (EX-101.LAB) — 21KB
- pbfs-20251216_pre.xml (EX-101.PRE) — 16KB
- form8k_121625_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (e) On December 16, 2025, Pioneer Bancorp, Inc. (the "Company") adopted the Pioneer Bancorp, Inc. Targeted Incentive Plan (the "Plan") to assist the Company in its ability to motivate, attract and retain qualified executives. The Plan provides eligible executives, including the named executive officers in the Company's 2025 proxy statement, with the ability to earn incentive payments based upon the extent to which specified performance goals have been achieved or exceeded for a performance period. Each performance period under the Plan begins on January 1 st each year and ends on December 31 st each year (a "Plan Year") unless otherwise terminated or modified by the Company. The Chief Executive Officer of the Company and other executive officers designated by the Compensation Committee (the "Committee") are eligible to participate in the Plan. Each participant will have an annual incentive target as established by the Committee, calculated as a percentage of base salary and wages payable by the Company prior to pre-tax deductions for contributions to qualified plans and excluding any bonuses, incentives and overtime pay. Performance measures may be financial or non-financial and may include both Company and individual performance goals. The Plan uses a "scorecard" structure consisting of financial, operational and non-financial metrics as determined by the Committee from year to year, each of which metric may be weighted as determined by the Committee. The annual balanced scorecard and potential payouts are to be established by the Committee no later than the first ninety (90) days of the applicable Plan Year. Each performance goal will be assigned three performance levels, threshold, target and maximum. The threshold and maximum performance metrics will be a percentage and multiple of the target, respect
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit No. Description 10.1 Pioneer Bancorp, Inc. Targeted Incentive Plan. 104 Cover Page Interactive Data File (formatted as inline XBRL).
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. PIONEER BANCORP, INC. DATE: December 22, 2025 By: /s/ Patrick J. Hughes Patrick J. Hughes Executive Vice President and Chief Financial Officer