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): May 2, 2023

Esquire Financial Holdings, Inc.

(Exact name of the registrant as specified in its charter)

Maryland

001-38131

27-5107901

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(IRS Employer

Identification No.)


100 Jericho Quadrangle, Suite 100
Jericho, New York		11753
(Address of principal executive offices)		(Zip Code)

(516) 535-2002

(Registrant’s telephone number)

N/A

(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):


☐	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-4c)

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

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value

ESQ

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. ☐

Item 8.01

Other Events.

On May 2, 2023, Esquire Financial Holdings, Inc. (the “Company”), the holding company for Esquire Bank, National Association (“Esquire Bank”), announced an increase to its regular quarterly dividend by 25% to $0.125 per share of common stock, payable on June 1, 2023, to each stockholder of record on May 15, 2023.

Additionally, on May 2, 2023, the Company announced that Andrew C. Sagliocca, Chief Executive Officer and President of the Company, has been promoted to Vice Chairman of the Board of Directors effective immediately. Mr. Sagliocca has served as a member of the Board of Directors since 2008 and as Chief Executive Officer and President of the Company since 2009.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.		Description
99.1		Press Release dated May 2, 2023.
104		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).

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.


	ESQUIRE FINANCIAL HOLDINGS, INC.



Dated: May 2, 2023	By:/s/ Andrew C. Sagliocca
	Andrew C. Sagliocca
	President and Chief Executive Officer

Exhibit 99.1

ESQUIRE FINANCIAL HOLDINGS, INC. INCREASES QUARTERLY DIVIDEND BY 25% AND PROMOTES CEO & PRESIDENT TO VICE CHAIRMAN OF THE BOARD

Jericho, NY – May 2, 2023 – Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the “Company”), the financial holding company for Esquire Bank, National Association (collectively “Esquire”), today announced an increase to its regular quarterly dividend by 25% to $0.125 per share of common stock, payable on June 1, 2023, to each stockholder of record on May 15, 2023.

Separately, Esquire also announced that Andrew C. Sagliocca, Chief Executive Officer and President of Esquire, has been promoted to Vice Chairman of the Board of Directors effective immediately. Mr. Sagliocca has served as a member of the Board of Directors since 2008 and as Chief Executive Officer and President since 2009.

“Andrew is an outstanding industry leader who has been instrumental in the growth and success of our unique Company over the past 16 years,” stated Tony Coelho, Chairman of the Board of Directors. “As a fellow Board member, Andrew and his team have created a successful institutional and corporate culture for the national verticals we serve, valued clients, dedicated employees, and investors who entrust us with their capital.”

“I am grateful that Tony and our entire Board have put their faith and trust in me to lead Esquire through our next chapter,” said Mr. Sagliocca. “Tony has been a mentor and trusted advisor for well over a decade. I am grateful to all our trusted employees, our loyal client business partners, my fellow Board members, and all the stakeholders who are critical to making Esquire a success every day.”

About Esquire Financial Holdings, Inc.

Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York and an administrative office in Boca Raton, Florida. Its wholly-owned subsidiary, Esquire Bank, National Association, is a full service commercial bank dedicated to serving the financial needs of the legal industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area. The bank offers tailored products and solutions to the legal community and their clients as well as dynamic and flexible payment processing solutions to small business owners. For more information, visit www.esquirebank.com.

Contact Information:

Eric S. Bader

Executive Vice President and Chief Operating Officer

Esquire Financial Holdings, Inc.

(516) 535-2002

[email protected]