06/22/2026 | Press release | Distributed by Public on 06/22/2026 15:28
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On June 16, 2026, Fidelity Bank (the "Bank") and its holding company FB Bancorp, Inc. (the "Company") informed Mr. Randall L. Baker, Chief Operating Officer, that he would be separated from the Bank effective as of June 16, 2026. Mr. Baker is entitled to receive compensation and benefits consistent with a qualifying termination pursuant to the Fidelity Bank Executive Severance Plan, the material terms of which are described in the Company's most recent Proxy Statement filed with the Securities and Exchange Commission. The Company and the Bank will enter into a separation agreement with Mr. Baker to memorialize the terms of his separation, which will include a customary release of claims against the Company and the Bank and will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the period ending June 30, 2026.