Sound Financial Updates Executive Control Agreements
Company Announcements

Sound Financial Updates Executive Control Agreements

Sound Financial Bancorp ( (SFBC) ) has issued an update.

Sound Financial Bancorp, Inc. and its subsidiary Sound Community Bank have updated their change in control agreements for key executives, adjusting terms like ‘Involuntary Termination’ to reflect workplace location changes beyond a 35-mile radius from current workplaces, and standardizing ‘Change in Control’ definitions across agreements. These changes, impacting executives such as Heidi Sexton and Wes Ochs, aim to align with recent agreements made in 2023.

For an in-depth examination of SFBC stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskSound Financial Bancorp Reports Strong Q3 2024 Results
TheFlySound Financial Bancorp reports Q2 EPS 31c vs. $1.11 last year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App