Sachem Capital Mourns the Passing of Board Member Arthur Goldberg

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Sachem Capital (NYSE American:SACH) announced the passing of board member Arthur Goldberg, an independent director since 2017 who served on the Audit, Compensation, and Nominating and Corporate Governance Committees.

The company also appointed Leslie Bernhard as Audit Committee Chair and Audit Committee Financial Expert.

News Market Reaction – SACH

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In the May 29 session, SACH gained 0.84%, reflecting a mild positive market reaction.

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BRANFORD, Conn., May 28, 2026 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (“Sachem” or the “Company”) announced today that Arthur Goldberg, a member of Sachem’s Board of Directors and its Audit, Compensation, and Nominating and Corporate Governance Committees, has passed away. Mr. Goldberg served as an Independent Director of the Company since 2017. The Company has also announced the appointment of Leslie Bernhard as Audit Committee Chair and Audit Committee Financial Expert.

John Villano, CPA, Sachem’s Chairman and Chief Executive Officer, said, “It is with deep sadness that we announce the passing of our friend and fellow Board Member, Arthur Goldberg. Arthur has served as a Board Member for nearly ten years, and we are thankful for his outstanding guidance, wisdom and friendship. He will be greatly missed by the Sachem family.”

About Sachem Capital Corp

Sachem is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., one to three years), secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. The Company’s primary underwriting criteria is a conservative loan to value ratio. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. Loans are secured by mortgage liens on real estate and often are personally guaranteed by the principal(s) of the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities.

Contact:

Sachem Capital Corp.
Investor Relations
Email: investors@sachemcapitalcorp.com

FAQ

What did Sachem Capital (SACH) announce about board member Arthur Goldberg on May 28, 2026?

Sachem Capital announced that board member Arthur Goldberg has passed away. According to the company, he served as an independent director since 2017 and sat on the Audit, Compensation, and Nominating and Corporate Governance Committees, contributing nearly a decade of board service.

What board committees did Arthur Goldberg serve on at Sachem Capital (SACH)?

Arthur Goldberg served on Sachem Capital’s Audit, Compensation, and Nominating and Corporate Governance Committees. According to the company, he had been an independent director since 2017 and provided guidance, wisdom, and friendship to the board for nearly ten years.

Who was appointed Audit Committee Chair at Sachem Capital (SACH) after Arthur Goldberg’s passing?

Sachem Capital appointed Leslie Bernhard as Audit Committee Chair. According to the company, Bernhard will also serve as the Audit Committee Financial Expert, assuming key oversight responsibilities for financial reporting and audit matters following the death of long-serving independent director Arthur Goldberg.

What is Leslie Bernhard’s new role on Sachem Capital’s (SACH) board?

Leslie Bernhard has been named Audit Committee Chair and Audit Committee Financial Expert. According to the company, this appointment assigns her primary leadership of the audit committee after the passing of Arthur Goldberg, helping maintain financial oversight and governance continuity for Sachem Capital.

How long did Arthur Goldberg serve as an independent director at Sachem Capital (SACH)?

Arthur Goldberg served as an independent director at Sachem Capital since 2017. According to the company, he was a board member for nearly ten years, contributing to the Audit, Compensation, and Nominating and Corporate Governance Committees and earning respect for his guidance and wisdom.