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): December 10, 2024
ESSA BANCORP, INC.
(Exact Name of Registrant as Specified in its Charter)
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Pennsylvania
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001-33384
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20-8023072
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(State or Other Jurisdiction of Incorporation)
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(Commission File No.)
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(I.R.S. Employer Identification No.)
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200 Palmer Street, Stroudsburg, Pennsylvania
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18360
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant's telephone number, including area code: (570) 421-0531
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Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading symbol(s)
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Name of each exchange on which registered
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Common Stock, no par value
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ESSA
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The Nasdaq Stock Market LLC
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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. ☐
Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
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On December 10, 2024, ESSA Bancorp, Inc. (the “Company”), and its wholly owned subsidiary, ESSA Bank & Trust (the “Bank”), entered
into an amendment number one (the “Amendment”) to each amended and restated employment agreement, dated as of January 3, 2022, with each of Peter A. Gray, Senior Executive Vice President and Chief Operating Officer of the Company and the Bank,
Charles D. Hangen, Executive Vice President, Chief Risk Officer of the Company and the Bank, and Allan A. Muto, Executive Vice President and Chief Financial Officer of the Company and the Bank (together, the “Employment Agreement”). The Amendment
extends the term of each Employment Agreement for an additional three years, subject to an annual renewal, so that the remaining term of each Employment Agreement is always between two to three years, unless a written notice of non-renewal is
provided to the executive. The Amendment did not make any other changes to the Employment Agreements.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full
text of the Amendment, a copy of which is included as Exhibit 10.1, Exhibit 10.2 and Exhibit 10.3 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01
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Financial Statements and Exhibits.
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(a) Financial statements of businesses acquired. None.
(b) Pro forma financial information. None.
(c) Shell company transactions: None.
(d) Exhibits.
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104.1 |
Cover Page Interactive Data File (formatted as inline XBRL)
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SIGNATURES
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.
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ESSA BANCORP, INC.
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DATE: December 10, 2024
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By:
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/s/ Gary S. Olson
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Gary S. Olson
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President and Chief Executive Officer
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