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FB Bancorp, Inc. ( (FBLA) ) has shared an announcement.
FB Bancorp, Inc. and its subsidiary Fidelity Bank have realigned their board leadership by entering into a transition agreement with Katherine A. Crosby on April 29, 2026, under which she will remain Executive Chair until June 30, 2026, and then continue as non-executive Chair of both boards without holding an employment position. The agreement maintains her current salary and benefits through the transition date, provides COBRA reimbursement up to age 65 if elected, extends certain post-employment restrictive covenants for six months, and grants her a combined $250,000 in cash and $250,000 in restricted stock vesting in installments through mid-2028, while she continues to receive board fees and director retirement benefits.
More about FB Bancorp, Inc.
FB Bancorp, Inc. is the holding company for Fidelity Bank, a regional banking institution that provides traditional commercial and consumer banking services. Through Fidelity Bank, the company focuses on serving local customers with lending, deposit, and related financial products tailored to its community and business client base.
Average Trading Volume: 137,898
Technical Sentiment Signal: Buy
Current Market Cap: $239.9M
For an in-depth examination of FBLA stock, go to TipRanks’ Overview page.