main20260410_8k.htm
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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): April 13, 2026
 
 
image1.jpg
 
MainStreet Bancshares, Inc.
(Exact name of Registrant as Specified in Its Charter)
 
 
 
Virginia
001-38817
81-2871064
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
     
10089 Fairfax Boulevard, Fairfax, VA
 
22030
(Address of Principal Executive Offices)
 
(Zip Code)
 
(703) 481-4567
(Registrants Telephone Number, Including Area Code)
 
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 (see General Instructions 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-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
Common Stock
 
MNSB
 
The Nasdaq Stock Market LLC
Depositary Shares (each representing a 1/40th
interest in a share of 7.50% Series A Fixed-Rate
Non-Cumulative Perpetual Preferred Stock)
 
MNSBP
 
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 (§ 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 8.01 Other Events.
 
On April 13, 2026, MainStreet Bancshares, Inc. (the "Company") issued a press release regarding the promotion of David Murrell to the role of Chief Banking Officer. A copy of the related press release is attached hereto as Exhibit 99.1, is hereby incorporated by reference, and will be posted on the Company’s website.
 
Item 9.01 Other Events. 
 
(d) Exhibits.
 
Exhibit Number
 
Description
99.1
 
104
 
Cover Page Interactive Data File (embedded within the Inline XBRL document).
 
The information furnished under Items 8.01 and 9.01 of this Current Report on Form 8-K, including the exhibits, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act), or otherwise subject to the liabilities of that Section, and it shall not be deemed incorporated by reference in any filing under the Exchange Act, or the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing to this Form 8-K.
 
 

 
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.
 
 
 
MAINSTREET BANCSHARES, INC
 
 
 
 
Date: April 13, 2026
 
By:
/s/ Richard A. Vari
 
 
 
Name: Richard A. Vari
 
 
 
Title: Chief Financial Officer
 
 

Exhibit 99.1

 

PRESS RELEASE

 

Contact: Billy Freesmeier

APRIL 13, 2026 8:00 ET

 

Chief of Staff

   

(703) 481-4579

     

MainStreet Bank Elevates David Murrell to Executive VP & Chief Banking Officer

Leveraging nearly two decades of institutional knowledge to drive deposit growth

 

 

FAIRFAX, VA, April 13, 2026 — MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP) is pleased to announce the promotion of David Murrell to Executive Vice President and Chief Banking Officer. With over 20-years in the banking industry, Murrell will oversee strategic initiatives to drive deposit growth and strengthen the Bank’s $2.2 billion asset base.

 

Murrell, who joined MainStreet in 2008, previously specialized in delivering complex financial solutions for high-value sectors, including medical practices, law firms, and government contractors. "David has been a cornerstone of our growth for nearly two decades," said Abdul Hersiburane, President of MainStreet Bank. "His ability to navigate complex business banking landscapes makes him the ideal leader to drive our team and our clients to the next level."

 

"At MainStreet, we blend high-tech capabilities with a personal touch," said Murrell. "I am passionate about contributing to the success of our clients and the collaborative spirit that makes this bank special." Murrell’s leadership is expected to further the Bank's mission of organic growth while maintaining its role as a "dedicated community leader" through programs like Money Smart and Teach Children to Save.

 

Mr. Murrell earned a Bachelor of Science with a double major in finance and marketing from the University of Maryland and furthered his studies in accounting at George Mason University. Beyond his professional achievements, David is a dedicated community leader, serving on the board of Equity Now, a non-profit organization dedicated to closing the racial wealth gap by transforming communities of color from "consumers" into "owners."

 

Murrell’s elevation to this leadership role marks the Bank’s continued commitment to internal talent development and strategic organic growth within the business banking sector. His leadership is expected to accelerate market share capture within our Washington metropolitan footprint, further strengthening MainStreet Bank’s commercial deposit base.

 

About MainStreet Bank: MainStreet operates seven branches in Herndon, Fairfax, McLean, Leesburg, Clarendon, Middleburg and Washington, D.C. MainStreet Bank has over 55,000 free ATMs and a fully integrated online and mobile banking solution. The Bank is not restricted by a conventional branching system, as it can offer business customers the ability to Put Our Bank in Your Office®. With robust and easy-to-use online business banking technology, MainStreet has "put our bank" in thousands of businesses in the metropolitan area.

 

MainStreet Bank has a robust line of business and professional lending products, including government contracting lines of credit, commercial lines and term loans, residential and commercial construction, and commercial real estate. MainStreet also works with the SBA to offer 7A and 504 lending solutions. From sophisticated cash management to enhanced mobile banking and instant-issue Debit cards, MainStreet Bank is always looking for ways to improve our customer's experience.

 

MainStreet Bank was the first community bank in the Washington, D.C., metropolitan area to offer a full online business banking solution. MainStreet Bank was also the first bank headquartered in the Commonwealth of Virginia to offer a solution that provides multi-million-dollar FDIC insurance. Further information on the Bank can be obtained by visiting its website at mstreetbank.com.

 

This release contains forward-looking statements, including our expectations with respect to future events that are subject to various risks and uncertainties. The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,and similar expressions are intended to identify such forward-looking statements. Factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations include: fluctuation in market rates of interest and loan and deposit pricing, adverse changes in the overall national economy as well as adverse economic conditions in our specific market areas, future impacts of pandemic outbreaks, maintenance and development of well-established and valued client relationships and referral source relationships, and acquisition or loss of key production personnel. We caution readers that the list of factors above is not exclusive. The forward-looking statements are made as of the date of this release, and we may not undertake steps to update the forward-looking statements to reflect the impact of any circumstances or events that arise after the date the forward-looking statements are made. In addition, our past results of operations are not necessarily indicative of future performance.