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NYSE: NPB NORTHPOINTE BANCSHARES INC 8-K

Northpointe Bancshares appoints Joseph (JB) Long as EVP, COO and Chief Credit Officer

Filed August 28, 2026 · Period ending August 28, 2026 · ~1 min read

5 key changes 1 high relevance 2 sections

Key Changes

  • high

    Joseph (JB) Long will join as EVP, COO and Chief Credit Officer effective September 14, 2026, taking over those roles from Kevin Comps, who remains President.

  • medium

    Long will oversee credit, capital markets and mortgage operations, bringing over 30 years of banking and mortgage industry experience.

    Exhibit 99.1 view on EDGAR →
  • medium

    Compensation includes a $333,000 base salary, target annual bonus of 100% of base, and long-term equity incentives.

  • medium

    Severance provides 18 months of pay (2x if within 12 months after a change in control) plus prorated bonus and COBRA.

  • low

    Standard confidentiality, non-competition and non-solicitation covenants apply during employment and for 12 months after termination.

Summary

Northpointe Bancshares announced the appointment of Joseph (JB) Long as Executive Vice President, Chief Operating Officer and Chief Credit Officer, effective September 14, 2026. Long will take over the COO and Chief Credit Officer duties from Kevin Comps, who remains President.

The company highlights Long's over 30 years of leadership experience in banking and mortgage industries, most recently as Chief Banking & Capital Markets Officer at Cenlar FSB. His responsibilities will include oversight of credit, capital markets and mortgage operations.

The filing details Long's compensation package, including a $333,000 base salary, a target annual bonus of 100% of base salary, and eligibility for long-term equity incentives. His employment agreement has an initial three-year term with automatic one-year renewals. Severance provisions include 18 months of pay if terminated without cause or for good reason, with enhanced benefits if termination occurs within 12 months after a change in control. Standard restrictive covenants apply. For retail investors, this is a routine executive appointment that strengthens the leadership team following the company's February 2025 IPO. The transition of responsibilities from the President to a dedicated COO and Chief Credit Officer may signal a focus on operational and credit management as the bank grows. No red flags are identified in the filing.

Section-by-Section Diff

Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation

~900 words

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.

4 Added
Added Executive appointment medium

Added in current filing · verify on EDGAR →

Joseph (JB) Long will join Northpointe as Executive Vice President, Chief Operating Officer and Chief Credit Officer. Effective September 14, 2026, the duties and responsibilities of Chief Operating Officer and Chief Credit Officer will transition from Kevin Comps to Mr. Long.

Northpointe is bringing in an experienced mortgage-industry executive to take over the COO and Chief Credit Officer roles from Kevin Comps, who remains President. The company frames this as strengthening its leadership team after its February 2025 IPO.

Added Severance benefits medium

Added in current filing · verify on EDGAR →

installment payments for eighteen (18) months equal to one (1) times the sum of his annual base salary and the greater of the target cash incentive bonus for the year of termination or average annual bonus paid for the three fiscal years immediately preceding the date of termination

If terminated without cause or if he resigns for good reason, Mr. Long would receive 18 months of severance equal to one times his base salary plus the greater of target bonus or average recent bonus, plus a prorated bonus and 18 months of COBRA coverage. If the termination occurs within 12 months after a change in control, the severance multiplier increases to two times.

Added Change-in-control severance medium

Added in current filing · verify on EDGAR →

a lump sum payment within sixty (60) days equal to two (2) times the sum of his annual base salary and the greater of the target cash incentive bonus for the year of termination or average annual bonus paid for the three fiscal years immediately preceding the date of termination

The agreement provides enhanced severance protection if Mr. Long is terminated without cause or resigns for good reason within 12 months following a change in control, with a lump-sum payment equal to two times his base salary plus the greater of target or average bonus.

Show 1 minor / wording change
Added Restrictive covenants low

Added in current filing · verify on EDGAR →

customary covenants regarding confidentiality and non-competition and non-solicitation of employees and customers that apply during employment and for a period of 12 months following termination of employment.

Mr. Long is subject to standard confidentiality, non-competition, and non-solicitation restrictions during employment and for 12 months after termination. The filing also confirms there are no related-party transactions or family relationships requiring disclosure.

Event · Exhibit 99.1

3 Added
Added Executive appointment medium

Added in current filing · view on EDGAR →

Joseph (JB) Long will join as Executive Vice President, Chief Operating Officer and Chief Credit Officer.

The Company announced that Joseph (JB) Long will join Northpointe Bancshares as Executive Vice President, Chief Operating Officer and Chief Credit Officer. He brings over 30 years of leadership experience in banking and mortgage industries, most recently serving as Chief Banking & Capital Markets Officer at Cenlar FSB.

Added Effective date and role transition medium

Added in current filing · view on EDGAR →

Effective September 14, 2026, he will take over as Chief Operating Officer and Chief Credit Officer, both roles currently held by Kevin Comps, the Bank’s President.

Mr. Long will assume the Chief Operating Officer and Chief Credit Officer roles effective September 14, 2026. These roles are currently held by Kevin Comps, the Bank's President, indicating a transition of responsibilities within the executive team.

Added Scope of responsibilities medium

Added in current filing · view on EDGAR →

In his new role, Mr. Long will oversee the Bank’s credit, capital markets and mortgage operations functions.

Mr. Long's responsibilities will include oversight of the Bank's credit, capital markets, and mortgage operations functions. This aligns with his background in capital markets, mortgage banking, and portfolio management.

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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 31, 2026 · How we verify