8-K
NONE0001756701false00017567012022-01-272022-01-27

 

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): January 27, 2022

 

 

LINKBANCORP, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Pennsylvania

333-255908

82-5130531

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

3045 Market Street

 

Camp Hill, Pennsylvania

 

17011

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 855 569-2265

 

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:

☐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))

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


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

None

 

N/A

 

N/A

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.

On January 27, 2022, the Board of Directors (the “Board”) of LINKBANCORP, Inc. (the “Company”) approved the LINKBANCORP, Inc. Executive Incentive Plan (the “Annual Incentive Plan”). The Annual Incentive Plan is intended to optimize the profitability and growth of the Company and its wholly owned subsidiary, The Gratz Bank (the “Bank”), through incentives consistent with the Company’s and the Bank’s goals by providing annual bonuses to certain executives for their contributions to achieving strategic organizational objectives of the Company and the Bank. The Named Executive Officers (as defined under Item 402 of Regulation S-K) and the Chief Financial Officer of the Company will participate in the Annual Incentive Plan. The amount of a bonus will be based on a percentage of a participant’s base salary. The Annual Incentive Plan is effective as of January 1, 2022.

 

The preceding summary of the Annual Incentive Plan is qualified in its entirety by reference to the full text of such plan, a copy of which is attached as Exhibit 10.1 hereto and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(a)

Financial statements of businesses acquired. None.

(b)

Pro forma financial information. None.

(c)

Shell company transactions. None.

(d)

Exhibits.

 

10.1     LINKBANCORP, Inc. Executive Incentive Plan

 

 

104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)

 

 

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 thereunto duly authorized.

 

 

 

LINKBANCORP, INC.

 

 

 

 

Date:

February 1, 2022

By:

/s/ Carl D. Lundblad

 

 

 

Carl D. Lundblad
President