UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 27, 2021
MID-SOUTHERN BANCORP, INC.
(Exact name of registrant as specified in its charter)
| | |
Indiana | 001-38491 | 82-4821705 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| |
300 North Water Street | 47167 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (812) 883-2639
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| | | | |
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common Stock, par value $.01 per share | | MSVB | | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [x]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e)On January 27, 2021, the Board of Directors (the “Board”) of Mid-Southern Savings Bank, FSB (the “Bank”), a wholly-owned subsidiary of Mid-Southern Bancorp, Inc. (the “Company”) approved Amendment No. 2 to the Executive Employment Agreement (the “Amendment”) between the Bank and Alexander G. Babey, President and Chief Executive Officer of the Bank dated October 1, 2016 and as previously amended on February 1, 2018. The Amendment, effective January 1, 2021, modifies Section 1 of the Executive Employment Agreement to stipulate that, at the end of the initial term of the Executive Employment Agreement and any subsequent term, the Executive Employment Agreement is automatically extended for a period of 36 months instead of 12 months.
The forgoing description of the Amendment is qualified in its entirety by the terms of the Amendment, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is being furnished herewith and this list shall constitute the exhibit index:
10.1 |
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.
| |
| MID-SOUTHERN BANCORP, INC. |
| |
| |
| |
Date: January 28, 2021 | /s/ Alexander G. Babey |
| Alexander G. Babey |
| President and Chief Executive Officer |