Robert Walsh's departure as Chief Lending Officer of Bogota Financial Corp. was reported, effective March 31, 2026; the filing names no successor. As of November 6, 2026, Bogota Financial Corp. has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from March 31, 2026 to June 1, 2026, naming 1 departure (Form 8-K, March 31, 2026).
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Bogota Financial Corp. reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-03-31 to 2026-06-01. They name 1 person. Every row below is cited to the filing it comes from, and this page adds each new change as Bogota Financial Corp. files it.
Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-06-01 | Reported | not named in the filing | 8-K, 2026-06-01 | ||
| 2026-03-31 | Out | Chief Lending Officer | 2026-03-31 | 8-K, 2026-03-31 |
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Who leads Bogota Financial Corp., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief Lending Officer: Robert Walsh, departure reported, effective 2026-03-31 (filed 2026-03-31). No successor is named in these filings.
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Find candidates like Chief Lending Officer at Bogota Financial Corp.Every change, in the filing's words
Reported
As disclosed above, the Bank and Mr. Giancola have entered into an employment agreement that will become effective as of, and be contingent on, the closing of the Merger.
- The employment agreement is for a two-year term commencing on the effective date of the Merger and sets forth the terms and conditions of Mr. Giancola's employment with the Bank following the closing of the Merger.
- The employment agreement provides for a base salary of $250,000 per year, which may be increased, but not decreased, during the term.
- In addition, Mr. Giancola will be eligible for an annual bonus opportunity of no less than 20% of his base salary.
- Mr. Giancola will also be entitled to participate in the employee benefit plans that the Bank offers to senior management.
- The Bank may terminate Mr. Giancola's employment with or without "cause" (as defined in the employment agreement) at any time, and Mr. Giancola may resign with or without "good reason" (as defined in the employment agreement) at any time.
- If Mr. Giancola's employment is terminated by the Bank without cause (other than due to death or disability) or if Mr. Giancola voluntary resigns for "good reason" (in either case a "qualifying termination event"), the employment agreement provides that the Bank will pay Mr. Giancola a cash severance payment equal to his base salary for the remaining term of the employment agreement payable in bi-weekly installments.
Departing: Robert Walsh, Chief Lending Officer, effective 2026-03-31
On March 25, 2026, Robert Walsh, Executive Vice President and Chief Lending Officer of Bogota Savings Bank (the "Bank"), the wholly owned subsidiary of Bogota Financial Corp. (the "Company"), notified the Company and the Bank of his intention to retire from his position with the Bank, effective March 31, 2026.
- On March 31, 2026, the Bank entered into a Retirement and Consulting Agreement (the "Agreement") with Mr. Walsh.
- Pursuant to the Agreement, Mr. Walsh's retirement is effective March 31, 2026.
- The Agreement provides that, within 60 days following the retirement date, Mr. Walsh will receive a lump sum payment of $15,000, which represents his annual incentive pay for 2026 pro-rated through the first quarter of the year.
- In addition, Mr. Walsh's unvested stock options will immediately vest, and Mr. Walsh will be permitted to exercise his stock options at any time during the stock options' original ten-year term.
- These payments and benefits are in exchange for Mr. Walsh signing and not revoking a general release of claims against the Bank and the Company.
- Mr. Walsh has agreed to provide consulting services under the Agreement for a fee of $10,000 per month through July 2026.
- The Agreement also contains certain post-employment obligations, including non-solicitation restrictions of employees and customers of the Bank for one-year following the retirement date, and standard confidentiality provisions.
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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.