Central Plains Bancshares CFO Kool signs change-in-control deal with 3x salary-plus-bonus severance

Central Plains Bancshares, Inc.

Central Plains Bancshares, Inc.

CPBI

0.00
  • Central Plains Bancshares unit Home Federal Savings and Loan Association entered a change in control agreement with CFO Bradley M. Kool on July 8, 2026.
  • Initial term of three years, subject to annual board review for a one-year extension; a change in control triggers an automatic two-year renewal.
  • Involuntary termination without cause or resignation for good reason triggers a lump-sum severance of 3x salary plus highest annual cash bonus.
  • Agreement also provides reimbursement of COBRA premiums for up to 18 months if Kool elects COBRA coverage.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Central Plains Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000943374-26-000266), on July 14, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.