0001554795-21-000051.txt : 20210225 0001554795-21-000051.hdr.sgml : 20210225 20210225085650 ACCESSION NUMBER: 0001554795-21-000051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210224 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20210225 DATE AS OF CHANGE: 20210225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALISBURY BANCORP INC CENTRAL INDEX KEY: 0001060219 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 061514263 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14854 FILM NUMBER: 21676674 BUSINESS ADDRESS: STREET 1: 5 BISSELL ST STREET 2: PO BOX 1868 CITY: LAKEVILLE STATE: CT ZIP: 06039-1868 BUSINESS PHONE: 8604359801 MAIL ADDRESS: STREET 1: 5 BISSELL ST STREET 2: PO BOX 1868 CITY: LAKEVILLE STATE: CT ZIP: 06039-1868 8-K 1 sal0224form8k.htm FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

 

FORM 8-K

____________________

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)

February 24, 2021

____________________

Salisbury Bancorp, Inc.

(Exact name of registrant as specified in its charter)

____________________

 

Connecticut

(State of other jurisdiction

of incorporation)

  

000-24751

(Commission

File Number)

  

06-1514263

(IRS Employer

Identification No.)

 

5 Bissell Street, Lakeville, Connecticut

(Address of principal executive offices)

  

 

 

06039

(Zip Code)

 

  Registrant’s telephone number, including area code: (860) 435-9801  
     
 

(Former name or former address, if changed since last report)

____________________ 

  
           

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
Common Stock, $0.10 par value per share SAL NASDAQ

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company □

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

 

   

 

 

 

 

Section 5.Corporate Governance and Management

 

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On February 24, 2021, Charles M. Andola, notified the Boards of Directors of Salisbury Bancorp, Inc. (the “Company”) and its subsidiary, Salisbury Bank and Trust Company (the “Bank”) of his intent to retire as a director and not seek re-election at the end of his current term, effective as of May 19, 2021, the anticipated date of the Company’s 2021 Annual Meeting of Shareholders. Mr. Andola’s retirement is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

 

On February 24, 2021, John F. Perotti, notified the Boards of Directors of Salisbury Bancorp, Inc. (the “Company”) and its subsidiary, Salisbury Bank and Trust Company (the “Bank”) of his intent to retire as a director and not seek re-election at the end of his current term, effective as of May 19, 2021, the anticipated date of the Company’s 2021 Annual Meeting of Shareholders. Mr. Perotti’s retirement is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

 

 

Item 9.01.Financial Statements and Exhibits
(a)N/A
(b)N/A
(c)N/A
 (d)N/A

   

 

 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    Salisbury Bancorp, Inc.
     

Date: February 25, 2021

 

 By:

/s/ Richard J. Cantele, Jr.                     

Richard J. Cantele, Jr.

President and Chief Executive Officer