UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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CURRENT REPORT ON FORM 8-K
| Item 5.02 | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; |
On June 27, 2024, Chad E. Neiss, Senior Executive Vice President/Chief Strategy Officer and Head of Mortgage Division of ENB Financial Corp’s (the “Corporation”) wholly-owned subsidiary, Ephrata National Bank (the “Bank”) transitioned from his position with the Bank effective immediately. The Bank will not replace the role of Chief Strategy Officer at this time and will commence a search to fill the role overseeing the mortgage division.
As a result of the transition, under the employment agreement dated October 28, 2022, made between the Corporation, Bank, and Mr. Neiss, there will be a payment made to fulfill the remaining term of the agreement of approximately sixteen (16) months, totaling $337,500, minus applicable taxes and withholdings.
| Item 9.01 | Financial Statement and Exhibits |
(d) Exhibits
| Exhibit Number | Description |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.
| ENB FINANCIAL CORP | |
| (Registrant) | |
| Dated: July 1, 2024 | /s/ Jeffrey S. Stauffer |
| Jeffrey S. Stauffer | |
| Chairman of the Board | |
| Chief Executive Officer and President | |
| (Principal Executive Officer) |