Gouverneur Bancorp, Inc. 8-K Summary (10/30/2025)
The Company filed an 8-K reporting the release of its financial results for the three months and year ended September 30, 2025 (Item 2.02).
Material Executive Agreements
On October 30, 2025, Change in Control (CiC) Agreements were executed with the CEO, CFO, and COO.
- Term: 24 months, with rolling extensions designed to maintain a 24-month minimum term.
- Trigger: Involuntary termination without “cause” or resignation for “good reason” following a CiC.
- Severance Package:
- Earned but unpaid compensatio