Pathward Financial approves $341K for former president

The committee cited Sharett's continued employment throughout the performance period, years of service and commitment in approving the payment.

Available on EDGAR 11/09/2026 - 04:15 PM EST Accepted by SEC EDGAR 11/09/2026 - 04:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Pathward Financial, Inc. approved a $340,923 cash payment to former President Anthony Sharett in recognition of his annual incentive award for fiscal 2026. Sharett resigned as president of Pathward Financial and its wholly owned subsidiary, Pathward, N.A., and ceased employment effective October 23, 2026; because of his departure, he was otherwise ineligible for the award. His receipt of the payment is subject to executing an acknowledgement.

Filing Explained

The company says it intends to file Sharett’s acknowledgement as an exhibit to its fiscal 2026 Form 10-K if he executes it on time, identifying the planned disclosure route for the condition on his payment.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Approved cash payment: $340,923 Fiscal 2026 year-end: September 30, 2026 Employment departure effective date: October 23, 2026

3 metrics

Approved cash payment $340,923 Anthony Sharett's fiscal 2026 annual incentive award

Fiscal 2026 year-end September 30, 2026 End of the annual incentive performance year

Employment departure effective date October 23, 2026 Anthony Sharett ceased employment with Pathward Financial and Pathward, N.A.

Key Terms

annual incentive award, predetermined performance measures, individual discretionary component

3 terms

annual incentive award financial

"recognition of his annual incentive award"

predetermined performance measures financial

"achievement of certain predetermined performance measures"

individual discretionary component financial

"and an individual discretionary component"

FAQ

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What cash payment did Pathward Financial approve for Anthony Sharett?

Pathward Financial approved a $340,923 cash payment to Anthony Sharett in recognition of his fiscal 2026 annual incentive award. His receipt of the payment is subject to executing an acknowledgement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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): November 3, 2026

PATHWARD FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

Delaware			0-22140			42-1406262
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

5501 South Broadband Lane, Sioux Falls, South Dakota 57108

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (877) 497-7497

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:
☐			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, $.01 par value			CASH			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 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

As previously disclosed, Anthony Sharett resigned as the President of Pathward Financial, Inc. (the “Company”) and its wholly owned subsidiary, Pathward, N.A. (“Pathward”), and ceased to be employed by the Company and Pathward effective October 23, 2026. On November 3, 2026, the Compensation Committee of the Boards of Directors of the Company and Pathward (the “Committee”) approved a cash payment of $340,923 to Mr. Sharett in recognition of his annual incentive award for the fiscal year ended September 30, 2026 (“Fiscal 2026”), which he was not otherwise eligible to receive because of his departure. The amount of such cash payment was based upon the Company’s achievement of certain predetermined performance measures for Fiscal 2026 and an individual discretionary component. In approving this cash payment, the Committee took into consideration the fact that Mr. Sharett remained employed by the Company and Pathward during the entire Fiscal 2026 performance period, as well as Mr. Sharett’s years of service and commitment to the Company and the Bank. Mr. Sharett’s receipt of the cash payment is subject to his execution of an acknowledgement (the “Acknowledgement”).

If timely executed, the Company intends to file a copy of the Acknowledgement as an exhibit to its Annual Report on Form 10-K for the year ended September 30, 2026.

SIGNATURE

    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.

						PATHWARD FINANCIAL, INC.
Date: November 9, 2026			By:			/s/ Gregory A. Sigrist
						Gregory A. Sigrist
						Executive Vice President and Chief Financial Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.3 KB