Provident Financial extends Executive Chairman Martin's term to 2028, modifies severance

Filed May 26, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

• medium

  Executive Chairman Christopher Martin's employment agreement extended through May 21, 2028, providing leadership continuity for the regional bank holding company.

  Item 5.02 verify on EDGAR →
• medium

  Change-in-control severance modified to prorate based on days remaining in term, calculated using three-year average compensation, potentially reducing payout if acquisition occurs near term end.

  Item 5.02 verify on EDGAR →
• low

  Martin will serve as Director Emeritus for three years after his executive term expires, maintaining advisory role and institutional knowledge.

  Item 5.02 verify on EDGAR →