8-K
QUAINT OAK BANCORP, INC. (QNTO)
| UNITED STATES<br><br> <br>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) | September 11, 2024 | |
| QUAINT OAK BANCORP, INC. | ||
| (Exact name of registrant as specified in its charter) | ||
| Pennsylvania | 000-52694 | 35-2293957 |
| (State or other jurisdiction<br><br> <br>of incorporation) | (Commission File Number) | (IRS Employer<br><br> <br>Identification No.) |
| 501 Knowles Avenue, Southampton, Pennsylvania | 18966 | |
| (Address of principal executive offices) | (Zip Code) | |
| Registrant's telephone number, including area code | (215) 364-4059 | |
| 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 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-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None
| Title of each Class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| 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 September 11, 2024, director George M. Ager formally notified Quaint Oak Bancorp, Inc. (the “Company”) of his decision to retire from the Board of Directors (the “Board”) of the Company, effective September 11, 2024. Mr. Ager was also a member of the Board of the Company’s principal operating subsidiary, Quaint Oak Bank (the “Bank”), at the time of his resignation. Mr. Ager’s decision to resign was for personal reasons and was not a result of any disagreement with the Company. The Company would like to sincerely thank Mr. Ager for his outstanding service on the Board of Directors of the Company since its formation in 2007 and the Bank since 1968.
The Board has reduced the number of directors of the Company to eliminate the vacancy created by the resignation of Mr. Ager.
Item 9.01 **** Financial Statements and Exhibits
| (a) | Not applicable. |
|---|---|
| (b) | Not applicable. |
| (c) | Not applicable. |
| (d) | Exhibits |
The following exhibit is included with this Report:
| Exhibit Number | Description |
|---|---|
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
| QUAINT OAK BANCORP, INC. | ||
|---|---|---|
| Date: September 11, 2024 | ||
| By: | /s/ John J. Augustine | |
| John J. Augustine | ||
| Executive Vice President and Chief Financial Officer |
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