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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): January 23, 2024
SANDY SPRING BANCORP, INC.
(Exact name of registrant as specified in its charter)
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Maryland | 000-19065 | 52-1532952 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
17801 Georgia Avenue, Olney, Maryland 20832
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (301) 774-6400
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:
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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)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | Trading Symbol(s) | Name of exchange on which registered |
Common Stock, par value $1.00 per share | SASR | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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. ¨
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On January 22, 2024, Sandy Spring Bancorp, Inc. (the “Company”) appointed Charlie S. Cullum, the Company’s current Treasurer, to serve as Deputy Chief Financial Officer and Treasurer. Mr. Cullum will transition to Chief Financial Officer upon the retirement of Philip J. Mantua, the Company’s current Chief Financial Officer. Mr. Mantua will extend his retirement date, previously disclosed as March 31, 2024, until the end of the year to support this leadership transition.
Mr. Cullum, age 39, has served as Treasurer of Sandy Spring Bank, the Company’s wholly-owned subsidiary, since July 2022. Prior to serving as Treasurer, Mr. Cullum served as Corporate Strategist and Director of Financial Planning and Analysis. Mr. Cullum has been with Sandy Spring Bank since 2006.
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Item 9.01 | Financial Statements and Exhibits |
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Exhibits. |
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Exhibit No. | Description |
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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 report to be signed on its behalf by the undersigned hereunto duly authorized.
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| SANDY SPRING BANCORP, INC. |
| (Registrant) |
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Date: January 23, 2024 | By: | /s/ Aaron M. Kaslow |
| | Aaron M. Kaslow |
| | Executive Vice President, Chief Administrative Officer and General Counsel |