Chain Bridge Bancorp, Inc. - Form 8-K Filing

2026-07-20SEC Filing 8-K (0001392272-26-000011)

Chain Bridge Bancorp, Inc. has adopted a Short-Term Incentive Cash Compensation Plan and amended and restated its Long-Term Cash Incentive Plan, both effective July 14, 2026. The Short-Term Plan is an annual cash incentive program for employees, including named executive officers, based on performance objectives set by the Compensation Committee. Awards are a percentage of salary, with named executive officers potentially receiving up to 100%. The Long-Term Plan, as amended, allows for the full vesting of unvested awards upon separation from service due to retirement (age 65) after at least three years of service, regardless of when the awards were granted. Previously, only awards granted at least three years prior to retirement vested under such circumstances. These changes apply to outstanding awards granted on or after September 10, 2024.

Ticker mentioned:CBNA