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SR Bancorp sets executive base salaries up to $490,000 in amended employment agreements

PUBT·04/24/2026 13:58:00
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SR Bancorp sets executive base salaries up to $490,000 in amended employment agreements
  • SR Bancorp bank unit Somerset Regal Bank entered amended and restated employment agreements on April 22, 2026, with William Taylor, Christopher Pribula, David Orbach.
  • Agreements set base salaries at USD 260,000 for Taylor, USD 490,000 for Pribula, USD 410,000 for Orbach.
  • Target cash bonus opportunities set at minimum 25% of base salary for Taylor, 23% for Pribula, 20% for Orbach.
  • Executives receive USD 750 monthly auto allowance.
  • Severance terms include up to 3x salary and incentive bonus on qualifying termination tied to change in control.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SR Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000943374-26-000168), on April 24, 2026, and is solely responsible for the information contained therein.