Corporate GovernanceApr 24, 2026, 10:06 AM
SR Bancorp Amends Executive Employment Agreements, Sets Salaries
AI Summary
SR Bancorp, Inc. announced amended and restated employment agreements for executive officers William Taylor, Christopher Pribula, and David Orbach, effective April 22, 2026. The updates primarily reflect recent title changes and establish new base salaries. Mr. Taylor's agreement is for one year at $260,000, while Messrs. Pribula and Orbach have three-year agreements with salaries of $490,000 and $410,000, respectively, with automatic extensions.
Key Highlights
- William Taylor's base salary set at $260,000 for one year.
- Christopher Pribula's base salary set at $490,000 for three years.
- David Orbach's base salary set at $410,000 for three years.
- Employment agreements updated to reflect executive title changes.
- Terms automatically extend for 2 years upon a change in control.
Price Impact
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