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Leadership changes · AFBI · SEC Form 8-K, Item 5.02

Leadership changes at Affinity Bancshares, Inc. (2026)

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Who joined and who left Affinity Bancshares, Inc. (AFBI)? 1 filing reported on 2026-03-31, each cited to the company's own filing.

As of November 6, 2026, Affinity Bancshares, Inc. has reported one leadership change filing to the SEC under Item 5.02 of Form 8-K, on March 31, 2026 (Form 8-K, March 31, 2026).

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Kenneth R. Lehman also filed stake reports on 3 other companies ↓

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Changes1
Latest filing2026-03-31

Affinity Bancshares, Inc. reported a change among its directors and officers to the SEC on Form 8-K, Item 5.02, on 2026-03-31. Every row below is cited to the filing it comes from, and this page adds each new change as Affinity Bancshares, Inc. files it.

Also on the record for Affinity Bancshares, Inc.

DateRecordFigureOur pageSource
August 6, 2026Stake report, Schedule 13G/A, by Kenneth R. Lehman—5%+ stakesSource
May 18, 2026Stake report, Schedule 13G/A, by AllianceBernstein L.P.9.8% of the class5%+ stakesSource
February 6, 2026Stake report, Schedule 13G/A, by Affinity Bank Employee Stock Ownership Plan Trust8.9% of the class5%+ stakesSource
November 14, 2025Stake report, Schedule 13G/A, by AllianceBernstein L.P.8.7% of the class5%+ stakesSource
October 30, 2025Stake report, Schedule 13G/A, by The Vanguard Group2.41% of the class5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-03-31Reportednot named in the filing8-K, 2026-03-31
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Every change, in the filing's words

Filed 2026-03-31 · 8-K

Reported

Under the Settlement Agreements, the cash payments to be received in connection with the termination of the Executives' respective employment agreements are as follows: $1,649,250 to Mr. Cooney; $1,201,073 to Mr. Nelson; and $707,905 to Ms. Galazka.

Also stated in this filing

  • Each of Edward J. Cooney, President and Chief Executive Officer, Clark Nelson, Executive Vice President and Chief Credit Officer, and Elizabeth Galazka, Executive Vice President, Professional Markets (collectively, the "Executives"), have entered into a Settlement and Restrictive Covenant Agreement (collectively, the "Settlement Agreements") with the Company and Affinity Bank.
  • The Executives have agreed to certain restrictive covenants and not to solicit employees, customers or prospective customers, in each case, for 24 months following their respective terminations of employment from Affinity or Fidelity.
  • Further, each of Mr. Cooney and Ms. Galazka will be subject to non-competition provisions for a period of 24 months following their respective terminations of employment from Affinity or Fidelity, unless they are terminated without cause within one year of the effective date of the Mergers, or they voluntarily terminate employment within one year of the effective date of the Mergers following a material reduction in their base salary.
  • Payment of the foregoing amounts pursuant to the Settlement Agreements will be made the day before the effective date of the Mergers, and is subject to repayment if the executive does not timely execute and deliver, or revokes, a mutual release of claims and covenant not to sue following the effective date of the Mergers.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/executive-changes/affinity-bancshares
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
What changed at the top of Affinity Bancshares, Inc.? (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/affinity-bancshares